24 Ave At Port Imperial APT B46, West New York, NJ, 07093 | 5.21% Rental Yield

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24 Ave At Port Imperial APT B46, West New York, NJ, 07093 | 5.21% 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 24 Ave At Port Imperial APT B46, West New York, NJ, 07093 listed at $699,000 pairs $3,036/mo rent with a $3,421/mo payment. Total monthly income runs $3,036/mo. Return on cash invested measures 9.91% in year one, and rental yield registers 5.21% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 50.4% and total cumulative return in cash totals $115,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,036/mo property income relative to a $3,421/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

This beautiful 2 bed 2 bath home with 1222 sqft offers an open, sun-drenched layout with elegant crown moldings and gleaming hardwood floors throughout. It features recessed lighting in the spacious living room, custom light fixtures, and custom blinds with a blackout shade in the primary bedroom. Both bedrooms include walk-in closets, providing generous storage. The kitchen boasts stainless steel appliances, granite countertops, and updated cabinets and new stylish backsplash. Step out onto your large private patio and enjoy a semi-private entrance with only two units per floor. Located just steps from the pool and clubhouse, which features a state-of-the-art fitness center, indoor basketball court, pool, wet bar and billiards room, business center, and theater. Enjoy resort-style amenities including, a childrens playground, 24/7 concierge service, and a premier Hudson River location. Commuter-friendly with walking access to the Light Rail, bus, and ferry to NYC. Conveniently close to shopping, dining, and entertainment.

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