22 Avenue At Port Imperial APT 417West 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
Rental property for sale in West New York at 22 Avenue At Port Imperial APT 417, West New York, NJ, 07093 generates $6,806/mo in rent, after a $4,836/mo payment. Total monthly income is $6,806/mo. Return on cash invested sits at 19.19% in year one, and rental yield is 8.27% on a $988,000 entry. Equity gained on principal adds $6,375/yr, while 5% annual appreciation builds toward $272,966 over five years. Five-year ROI reaches 100.18% and total cumulative return in cash sums $325,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,806/mo property income rather than buyer’s personal income.
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: #250017963