24 Avenue At Port Imperial APT 401, West New York, NJ, 07093 | 5.73% Rental Yield

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24 Avenue At Port Imperial APT 401, West New York, NJ, 07093 | 5.73% 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 Avenue At Port Imperial APT 401, West New York, NJ, 07093 listed at $699,000 pairs $3,336/mo rent with a $3,421/mo payment. Total monthly income runs $3,336/mo. Return on cash invested measures 11.47% in year one, and rental yield registers 5.73% 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 58.8% and total cumulative return in cash totals $135,218. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,336/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

Experience luxury living on New Jerseys Gold Coast at the highly sought-after Hudson Club at Port Imperial! This rare and unique direct east-facing penthouse 1 Bedroom + Loft offers unobstructed views of the Manhattan skyline and Hudson River across 919 square feet of living space. The homes open loft-style layout is perfect for entertaining, and features incredible views and sunlight from every room, a versatile den on the upper level ideal for a home office or guest space, and a private balcony to take in the breathtaking views. Additional highlights include an in-home washer/dryer and dedicated indoor parking space. Maintenance fees conveniently include water/sewer, gas, cable, internet, and the Hudson Club amenity package. Hudson Club offers resort-style amenities, including 24-hour concierge, security, outdoor pool, fitness center, tennis courts, residents lounge, business center, indoor basketball court, reservable party room, and childrens play area. Located just steps from ACME, Starbucks, and the NY Waterway Ferry and NJ Transit, this home combines luxurious waterfront living with unmatched convenience.

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