310 70th St APT 1DGuttenbergNJ07093
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Guttenberg at 310 70th St APT 1D, Guttenberg, NJ, 07093 offers a 10.85% rental yield on a $262,700 purchase with $2,375/mo rent. Total monthly income registers $2,375/mo, and a $1,286/mo payment leaves $502/mo available for distribution. Annual cash flow reaches $6,028/yr on $87,085 to close, and return on cash invested stands at 26.83% in year one. Equity gained on principal adds $1,695/yr while 5% annual appreciation supports $72,579 over five years. Portfolio math shows five-year ROI at 141.22% and total cumulative return in cash at $122,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,375/mo property income against a $1,286/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: 07093, West New York, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,378 (100%) |
| Owner Occupied HU | 5,004 (19.0%) |
| Renter Occupied HU | 19,734 (74.8%) |
| Vacant Housing Units | 1,640 ( 6.2%) |
| Median Home Value | $596,289 |
| Average Home Value | $628,701 |
Housing Distribution
Address Breakdown
Residential
25,301
Single Family
6,081
Multi-Family
19,220
Businesses
1,609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: HCMLS
Mls ID: #240024015