202 Park Ave APT 3HobokenNJ07030
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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 Hoboken at 202 Park Ave APT 3, Hoboken, NJ, 07030 earns from $4,450/mo rent with a $3,177/mo payment. Total monthly income totals $4,450/mo. ROI tracks 19.07% on current figures, and rental yield reads 8.23% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 99.55% and total cumulative return in cash sums $212,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,450/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07030, Hoboken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,308 (100%) |
| Owner Occupied HU | 9,103 (30.0%) |
| Renter Occupied HU | 19,036 (62.8%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $909,971 |
| Average Home Value | $1,031,969 |
Housing Distribution
Address Breakdown
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
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Listed by: JAMIE MORENG • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #250019711