31 75th St #9North BergenNJ07047
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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 North Bergen at 31 75th St #9, North Bergen, NJ, 07047 offers a 10.42% rental yield on a $260,000 purchase with $2,258/mo rent. Total monthly income registers $2,258/mo, and a $1,273/mo payment leaves $404/mo available for distribution. Annual cash flow reaches $4,852/yr on $86,190 to close, and return on cash invested stands at 25.54% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 134.29% and total cumulative return in cash at $115,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,258/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07047, North Bergen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,098 (100%) |
| Owner Occupied HU | 9,447 (34.9%) |
| Renter Occupied HU | 15,608 (57.6%) |
| Vacant Housing Units | 2,043 ( 7.5%) |
| Median Home Value | $564,058 |
| Average Home Value | $608,904 |
Housing Distribution
Address Breakdown
Residential
22,031
Single Family
11,474
Multi-Family
10,557
Businesses
1,458
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Listed by: LIONEL CRUZ • NEXTHOME PRIME
Mls Name: HCMLS
Mls ID: #250011942
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.