270 Harrison Ave APT 209, Jersey City, NJ, 07304 | $588/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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270 Harrison Ave APT 209, Jersey City, NJ, 07304 | $588/mo Cash Flow | 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 Jersey City at 270 Harrison Ave APT 209, Jersey City, NJ, 07304 uses $79,560 cash to close to unlock $7,056/yr annual cash flow and $588/mo monthly cash flow. Total monthly income runs $2,299/mo, and a $1,175/mo payment keeps the spread at $588/mo. Purchase price stands at $240,000, and rental yield measures 11.49% with $2,299/mo rent. Return on cash invested shows 28.78% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 151.62% and total cumulative return in cash records $120,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,299/mo property income covering a $1,175/mo payment rather than investor’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming and cozy 1-bedroom condo located in a beautiful pre-war building near Lincoln Park. The apartment offers a comfortable living space with plenty of character. The bedroom is well-appointed and ideal for relaxation, while the separate living area is perfect for unwinding after a long day or entertaining guests. The building itself offers a range of amenities, including a convenient on-site laundry room with washers and dryers, a secure bike rack for your cycling needs, and an elevator for easy access to your unit. Nestled in a prime location near Lincoln Park, youll have access to the parks extensive trails, picnic areas, and recreational facilities. In addition, youll be within walking distance of local shops, restaurants, and transportation options. A major highlight is the nearby PATH train, which provides a quick and convenient 30-minute commute to New York City, perfect for work or leisure. This cozy condo offers the perfect blend of comfort and convenience, making it an ideal place to call home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07304, Jersey City, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,319 (100%)
Owner Occupied HU	4,471 (20.0%)
Renter Occupied HU	15,345 (68.8%)
Vacant Housing Units	2,503 (11.2%)
Median Home Value	$571,772
Average Home Value	$619,563