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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 Union City at 315 7th St APT 702, Union City, NJ, 07087 generates $2,748/mo in rent, after a $2,149/mo payment. Total monthly income is $2,748/mo. Return on cash invested sits at 16.76% in year one, and rental yield is 7.51% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 87.21% and total cumulative return in cash sums $126,920. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,748/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: 07087, Union City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,036 (100%) |
| Owner Occupied HU | 4,775 (18.3%) |
| Renter Occupied HU | 19,382 (74.4%) |
| Vacant Housing Units | 1,879 ( 7.2%) |
| Median Home Value | $502,333 |
| Average Home Value | $541,116 |
Residential
23,513
Single Family
6,509
Multi-Family
17,004
Businesses
2,221
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $439,000 |
| 2021-03-24 | Listing removed | N/A |
| 2019-02-19 | Listing removed | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: SOCRATES PETRAKOS • KELLER WILLIAMS TEAM REALTY
Mls Name: HCMLS
Mls ID: #250013068
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.
