24 Avenue At Port Imperial APT 309West 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 24 Avenue At Port Imperial APT 309, West New York, NJ, 07093 at $513,000 posts ROI 7.8% with from $2,568/mo rent. Total monthly income equals $2,568/mo. Return on cash invested measures 7.8% and rental yield reads 6.01% at the current $513,000. Equity gained on principal adds $3,310/yr, and 5% annual appreciation supports $141,732 by year five. Five-year ROI prints 40.76% and total cumulative return in cash totals $68,793. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,568/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$636 monthly 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: Jae Seok Shim • C Land Realty Co.
Mls Name: NJMLS
Mls Provider:
Mls ID: #24026933
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2024-08-30 14:55:42 PDT Source: New Jersey Multiple Listing, Inc. 2024 New Jersey Multiple Listing Service Inc. All rights reserved.