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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Hoboken at 218 Willow Ave APT 1R, Hoboken, NJ, 07030 generates $4,939/mo in rent and, after a $2,834/mo payment, leaves $558/mo in cash flow. Total monthly income is $4,939/mo, and annual cash flow is $6,695/yr on $190,491 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 10.24% on a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 124.29% and total cumulative return in cash sums $236,755. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,939/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$254 monthly HOA
Neighborhood data shown for ZIP Code: 07030, Hoboken, NJ area.
| 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 |
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Listed for sale | $579,000 |
| 2020-10-19 | Listing removed | $2,450 |
| 2020-10-09 | Listed for rent | $2,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $5348.01 | 1.81% | $328,300 | N/A |
| 2022-08-31 | $5252.80 | N/A | $328,300 | N/A |
| 2021-08-31 | $5252.80 | 0.06% | $328,300 | N/A |
Listed by: Patrick Southern • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #240015912
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.
