22 Avenue At Port Imperial APT 522, West New York, NJ, 07093 | 6.92% Rental Yield

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22 Avenue At Port Imperial APT 522, West New York, NJ, 07093 | 6.92% 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 West New York at 22 Avenue At Port Imperial APT 522, West New York, NJ, 07093 listed at $888,000 pairs $5,123/mo rent with a $4,346/mo payment. Total monthly income runs $5,123/mo. Return on cash invested measures 15.11% in year one, and rental yield registers 6.92% at a $888,000 basis. Equity gained on principal adds $5,730/yr, and annual property appreciation at 5% supports $245,338 by year five. Five-year ROI tracks 78.29% and total cumulative return in cash totals $228,720. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,123/mo property income relative to a $4,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning South-Facing 2BR/2BA Condo with Private Terrace & NYC Views Experience the perfect blend of style and convenience in this sun-drenched, south-facing 2-bedroom, 2-bathroom residence at Grandview I. The modern kitchen boasts granite countertops, stainless steel appliances, and a brand-new Bosch dishwasher. Thoughtfully designed, the split-bedroom layout provides privacy, with two generously sized bedrooms on opposite sides of the home. The spacious primary suite easily accommodates a king bed and features an accent wall, walk-in closet, and an en-suite spa-like bath with a jacuzzi tub and separate shower. Additional highlights include freshly painted interiors, new bathroom fixtures, in-unit washer/dryer, central AC/heat, and one-car garage parking. At Grandview I, enjoy full-service luxury living with a 24-hour concierge, fitness center, community lounge, and elevator access. Shops and conveniences are right at your doorstepParis Baguette, Acme Grocery, Starbucks, yoga studio, restaurants, and an ice cream parlorand commuting is effortless with the NYC Ferry, bus service, and Light Rail connection to the PATH just moments away. This home offers the best of waterfront luxury and urban conveniencedont miss it!

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