








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 Union City at 207 48th St APT 2A, Union City, NJ, 07087 priced at $145,000 converts $1,165/mo rent into $131/mo cash flow after a $710/mo obligation. Total monthly income equals $1,165/mo, and annual cash flow totals $1,574/yr on $48,068 invested. Return on cash invested prints 23.18% in year one, and rental yield reads 9.64% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 121.75% and total cumulative return in cash sums $58,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,165/mo property income covering a $710/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07087, Union City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,036 (100%) |
| Owner Occupied HU | 4,775 (18.3%) |
| Renter Occupied HU | 19,382 (74.4%) |
| Vacant Housing Units | 1,879 ( 7.2%) |
| Median Home Value | $502,333 |
| Average Home Value | $541,116 |
Residential
23,513
Single Family
6,509
Multi-Family
17,004
Businesses
2,221
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $145,000 |
| 2024-07-15 | Listing removed | $169,000 |
| 2024-07-09 | Price change | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-06-27 | $330.92 | -2.24% | $29,500 | N/A |
| 2020-06-27 | $338.51 | -83.52% | $29,500 | N/A |
| 2019-06-27 | $2054.38 | 0.87% | $29,500 | N/A |



Listed by: HEATHER J CORRIGAN • REMAX SIGNATURE HOMES
Mls Name: HCMLS
Mls ID: #250013047
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.