201 Broadmoor-3 BLDG 201 #3UnionNJ07083
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Union at 201 Broadmoor-3 BLDG 201 #3, Union, NJ, 07083 listed at $379,000 pairs $3,281/mo rent with a $1,855/mo payment to leave $580/mo cash flow. Total monthly income runs $3,281/mo, and annual cash flow reaches $6,955/yr on $125,639 cash to close. Return on cash invested measures 25.44% in year one, and rental yield registers 10.39% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 133.77% and total cumulative return in cash totals $168,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,281/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Housing Distribution
Address Breakdown
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
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Listed by: Dilek Koroglu • New And Modern Group
Mls Name: GSMLS
Mls ID: #4004546