26 Avenue At Port Imperial APT 316West 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 316, West New York, NJ, 07093 offers a 6.45% rental yield on a $516,000 purchase with $2,774/mo rent. 67% in year one. Equity gained on principal adds $3,330/yr while 5% annual appreciation supports $142,561 over five years. Portfolio math shows five-year ROI at 70.59% and total cumulative return in cash at $119,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,774/mo property income against a $2,526/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
871.20 sqft 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: QIZHAN YAO • REALMART REALTY
Mls Name: HCMLS
Mls ID: #250010834
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.