318 54th St APT 3I, West New York, NJ, 07093 | $68/mo Cash Flow

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318 54th St APT 3I, West New York, NJ, 07093 | $68/mo Cash Flow | Ziffy

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in West New York at 318 54th St APT 3I, West New York, NJ, 07093 uses $122,324 cash to close to unlock $815/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $2,698/mo, and a $1,806/mo payment keeps the spread at $68/mo. Purchase price stands at $369,000, and rental yield measures 8.77% with $2,698/mo rent. Return on cash invested shows 20.58% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 107.63% and total cumulative return in cash records $131,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,698/mo property income covering a $1,806/mo payment rather than investor’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into this beautifully updated 1-bedroom, 1-bath condo offering modern style and exceptional convenience in a vibrant neighborhood just moments from New York City. West NY blends an exciting mix of restaurants, cafs, and parks nearby, youll enjoy a lively community right outside your door. Commuters will appreciate effortless access to NYC. Public transportation and the light rail are just steps away, putting you in Midtown Manhattan in approximately 20 minutes. The condo itself has been thoughtfully renovated with contemporary finishes and smart upgrades. Highlights include stainless steel appliances, an in-unit washer and dryer a Nest smart thermostat, and a new water heater (2023) The upgraded bathroom provides a relaxing, spa-like feel, while low HOA fees keep monthly costs manageable. An assigned garage parking space adds convenience and peace of mind. Stylish, move-in ready, and ideally locatedthis condo offers the perfect blend of comfort and accessibility. Schedule your tour today to experience it for yourself.

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