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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% |
Investment property for sale in Jersey City at 20 Newport Pkwy APT 1502, Jersey City, NJ, 07310 listed at $1,050,000 pairs $5,599/mo rent with a $5,139/mo payment. Total monthly income runs $5,599/mo. Return on cash invested measures 10.73% in year one, and rental yield registers 6.4% at a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,096 by year five. Five-year ROI tracks 55.84% and total cumulative return in cash totals $189,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,599/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$849 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 |
|---|---|---|
| 2024-10-14 | Listed for sale | $1,050,000 |
| 2023-06-29 | Listing removed | N/A |
| 2023-06-27 | Price change | $4,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1235.85 | 40.09% | $999,100 | N/A |
| 2022-10-16 | $882.20 | N/A | $999,100 | 1716.55% |
| 2021-10-16 | $882.20 | 4.16% | $55,000 | N/A |
Listed by: Albert Ngai • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #240020201
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.
