22 Avenue At Port Imperial APT 221West New YorkNJ07093
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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 West New York at 22 Avenue At Port Imperial APT 221, West New York, NJ, 07093 offers a 8.15% rental yield on a $979,000 purchase with $6,653/mo rent. 85% in year one. Equity gained on principal adds $6,317/yr while 5% annual appreciation supports $270,480 over five years. Portfolio math shows five-year ROI at 98.36% and total cumulative return in cash at $316,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,653/mo property income against a $4,792/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07093, West New York, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,378 (100%) |
| Owner Occupied HU | 5,004 (19.0%) |
| Renter Occupied HU | 19,734 (74.8%) |
| Vacant Housing Units | 1,640 ( 6.2%) |
| Median Home Value | $596,289 |
| Average Home Value | $628,701 |
Housing Distribution
Address Breakdown
Residential
25,301
Single Family
6,081
Multi-Family
19,220
Businesses
1,609
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Listed by: MICHAEL B HERN • KELLER WILLIAMS CITY VIEWS
Mls Name: HCMLS
Mls ID: #250019730