271 Danforth AveJersey CityNJ07305
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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 Jersey City at 271 Danforth Ave, Jersey City, NJ, 07305 at $799,000 posts ROI 13.51% with from $4,260/mo rent. Total monthly income equals $4,260/mo. Return on cash invested measures 13.51% and rental yield reads 6.4% at the current $799,000. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 by year five. Five-year ROI prints 69.72% and total cumulative return in cash totals $183,270. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,260/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07305, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,090 (100%) |
| Owner Occupied HU | 8,581 (31.7%) |
| Renter Occupied HU | 16,391 (60.5%) |
| Vacant Housing Units | 2,118 ( 7.8%) |
| Median Home Value | $484,092 |
| Average Home Value | $556,754 |
Housing Distribution
Address Breakdown
Residential
22,404
Single Family
13,978
Multi-Family
8,426
Businesses
1,042
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Listed by: Sandra Fernandes • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #4006732