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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Jersey City at 20 Newport Pkwy APT 1206, Jersey City, NJ, 07310 priced at $730,000 pairs $4,040/mo rent with after a $3,573/mo payment. Total monthly income equals $4,040/mo. Return on cash invested is 11.24% in year one, and rental yield stands at 6.64% on a $730,000 basis. Equity gained on principal adds $4,711/yr, and 5% annual appreciation accumulates to $201,686 by year five. Five-year ROI measures 58.67% and total cumulative return in cash reaches $140,918. For financing, Ziffy Mortgage’s DSCR program evaluates $4,040/mo property income against a $3,573/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$601 monthly HOA
Neighborhood data shown for ZIP Code: 07310, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,714 (100%) |
| Owner Occupied HU | 1,277 (11.9%) |
| Renter Occupied HU | 8,148 (76.1%) |
| Vacant Housing Units | 1,289 (12.0%) |
| Median Home Value | $932,165 |
| Average Home Value | $1,019,580 |
Residential
10,219
Single Family
1,056
Multi-Family
9,163
Businesses
427
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $730,000 |
| 2024-09-17 | Listing removed | $730,000 |
| 2024-08-22 | Listed for sale | $730,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $876.33 | 40.09% | $708,300 | N/A |
| 2022-10-17 | $625.56 | N/A | $708,300 | 1716.15% |
| 2021-10-17 | $625.56 | 4.16% | $39,000 | N/A |
Listed by: Albert Ngai • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #240020113
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
