2077 Center Ave APT 9BFort LeeNJ07024
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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 Fort Lee at 2077 Center Ave APT 9B, Fort Lee, NJ, 07024 earns from $1,472/mo rent with a $1,023/mo payment. Total monthly income totals $1,472/mo. ROI tracks 19.6% on current figures, and rental yield reads 8.45% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 102.49% and total cumulative return in cash sums $71,006. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,472/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: 07024, Fort Lee, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,662 (100%) |
| Owner Occupied HU | 10,390 (50.3%) |
| Renter Occupied HU | 8,673 (42.0%) |
| Vacant Housing Units | 1,599 ( 7.7%) |
| Median Home Value | $639,455 |
| Average Home Value | $692,357 |
Housing Distribution
Address Breakdown
Residential
19,876
Single Family
6,688
Multi-Family
13,188
Businesses
1,745
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Listed by: ALEXANDRA ZYRIANOVA • KELLER WILLIAMS CITY VIEWS
Mls Name: HCMLS
Mls ID: #250023549