23 Grand StLittle FerryNJ07643
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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 Little Ferry at 23 Grand St, Little Ferry, NJ, 07643 offers a 8.54% rental yield on a $589,900 purchase with $4,200/mo rent. 03% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 104.72% and total cumulative return in cash at $203,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07643, Little Ferry, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,589 (100%) |
| Owner Occupied HU | 2,054 (44.8%) |
| Renter Occupied HU | 2,366 (51.6%) |
| Vacant Housing Units | 169 ( 3.7%) |
| Median Home Value | $464,179 |
| Average Home Value | $517,863 |
Housing Distribution
Address Breakdown
Residential
4,292
Single Family
3,942
Multi-Family
350
Businesses
451
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Listed by: Tina Cernuda • RE/MAX Villa Realtors-North Bergen
Mls Name: NJMLS
Mls ID: #25036349