26 Avenue At Port Imperial APT 212West 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 26 Avenue At Port Imperial APT 212, West New York, NJ, 07093 uses $129,752 cash to close to unlock $4,318/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $3,150/mo, and a $1,916/mo payment keeps the spread at $360/mo. Purchase price stands at $391,410, and rental yield measures 9.66% with $3,150/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $108,139 over five years. Five-year ROI reaches 121.91% and total cumulative return in cash records $158,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,150/mo property income covering a $1,916/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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: KAREEM K MENIAM • PINNACLE REAL ESTATE GROUP LLC
Mls Name: HCMLS
Mls ID: #250012180