212 Washington St APT 3, Jersey City, NJ, 07302 | 7.71% Rental Yield

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212 Washington St APT 3, Jersey City, NJ, 07302 | 7.71% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jersey City at 212 Washington St APT 3, Jersey City, NJ, 07302 earns from $4,723/mo rent with a $3,597/mo payment. Total monthly income totals $4,723/mo. ROI tracks 17.5% on current figures, and rental yield reads 7.71% at a $735,000 purchase. Equity gained on principal adds $4,743/yr, and 5% annual appreciation supports $203,067 over five years. Five-year ROI reaches 91.14% and total cumulative return in cash sums $220,392. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,723/mo property income instead of your personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Lovely Paulus Hook 2 bed, 1 bath, in a beautifully renovated Brownstone. 212 Washington 3 is located on a pristine, tree-lined, street in this desirable neighborhood. Enter to over 760 sq ft of sky-high ceilings, gleaming hardwood floors, and oversized windows filling the home with brilliant light. Chef's kitchen with sleek espresso hardwood cabinetry and a suite of s/s appliances. Directly off the primary bedroom awaits a direct access terrace for morning coffee, yoga, or a good read. This magnificent building features stunning original detail, juxtaposed with today's top design and luxuries. Outside your front door, the best dining, shopping, Whole Foods Market, 2 PATH stations, NY Waterway, and coveted PS16/Bradford school district.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07302, Jersey City, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	36,585 (100%)
Owner Occupied HU	7,643 (20.9%)
Renter Occupied HU	25,548 (69.8%)
Vacant Housing Units	3,394 ( 9.3%)
Median Home Value	$917,452
Average Home Value	$1,017,181