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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in West New York at 315 56th St APT C1, West New York, NJ, 07093 generates $2,568/mo in rent and, after a $1,077/mo payment, leaves $1,000/mo in cash flow. Total monthly income is $2,568/mo, and annual cash flow is $11,996/yr on $72,930 invested. Return on cash invested sits at 36.36% in year one, and rental yield is 14.01% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 192.3% and total cumulative return in cash sums $140,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,568/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07093, West New York, NJ area.
| 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 |
Residential
25,301
Single Family
6,081
Multi-Family
19,220
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2025-08-19 | Sold | $220,000 |
| 2025-07-18 | Pending sale | $219,999 |
| 2025-06-18 | Listed for sale | $219,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: GORDON F TSANG • ACRE NJ LLC
Mls Name: HCMLS
Mls ID: #250012371
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.
