2615 John F Kennedy BlvdJersey CityNJ07306
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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
Total monthly income runs $2,173/mo, and a $1,725/mo payment. Purchase price stands at $352,500, and rental yield measures 7.4% with $2,173/mo rent. Return on cash invested shows 15.92% in year one, and 5% annual appreciation builds toward $97,389 over five years. Five-year ROI reaches 82.88% and total cumulative return in cash records $96,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,173/mo property income covering a $1,725/mo payment rather than investor’s personal income.
Condo
Built in 1949
37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07306, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,781 (100%) |
| Owner Occupied HU | 5,055 (17.6%) |
| Renter Occupied HU | 19,877 (69.1%) |
| Vacant Housing Units | 3,849 (13.4%) |
| Median Home Value | $612,577 |
| Average Home Value | $651,621 |
Housing Distribution
Address Breakdown
Residential
24,144
Single Family
9,038
Multi-Family
15,106
Businesses
1,831
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Listed by: N/A • N/A
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