209-211 Hackensack Plank Rd Unit 5BWeehawkenNJ07086
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 209-211 Hackensack Plank Rd Unit 5B, Weehawken, NJ, 07086 in Weehawken fits: $949,000, 5.33% gross yield, and a projected 5% annual appreciation rate adding $262,191 in value within five years. Rental yield 5.33%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.99) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $8,740/yr in principal paydown and $262,191 in appreciation project a total return of $199,571.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.2% |
| Monthly Cash Flow | $(3,097) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,213 |
| Total Monthly Debt Service | $6,387 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07086, Weehawken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,374 (100%) |
| Owner Occupied HU | 2,532 (24.4%) |
| Renter Occupied HU | 6,629 (63.9%) |
| Vacant Housing Units | 1,213 (11.7%) |
| Median Home Value | $896,671 |
| Average Home Value | $964,840 |
Housing Distribution
Address Breakdown
Residential
9,121
Single Family
3,188
Multi-Family
5,933
Businesses
271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07086, Weehawken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,374 (100%) |
| Owner Occupied HU | 2,532 (24.4%) |
| Renter Occupied HU | 6,629 (63.9%) |
| Vacant Housing Units | 1,213 (11.7%) |
| Median Home Value | $896,671 |
| Average Home Value | $964,840 |
Housing Distribution
Address Breakdown
Residential
9,121
Single Family
3,188
Multi-Family
5,933
Businesses
271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: HCMLS
Mls ID: #260001125