3 Persimmon CtJersey 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
Rental property for sale in Jersey City at 3 Persimmon Ct, Jersey City, NJ, 07305 priced at $456,000 pairs $3,462/mo rent with after a $2,232/mo payment. Total monthly income equals $3,462/mo. Return on cash invested is 19.56% in year one, and rental yield stands at 9.11% on a $456,000 basis. Equity gained on principal adds $2,943/yr, and 5% annual appreciation accumulates to $125,984 by year five. Five-year ROI measures 102.92% and total cumulative return in cash reaches $155,586. For financing, Ziffy Mortgage’s DSCR program evaluates $3,462/mo property income against a $2,232/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1996
13.39 Acres lot
$N/A/sqft
$256 monthly 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: N/A • N/A
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