331 79th St APT 33North BergenNJ07047
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 North Bergen at 331 79th St APT 33, North Bergen, NJ, 07047 uses $92,489 cash to close to unlock $9,035/yr annual cash flow and $753/mo monthly cash flow. Total monthly income runs $2,742/mo, and a $1,366/mo payment keeps the spread at $753/mo. Purchase price stands at $279,000, and rental yield measures 11.79% with $2,742/mo rent. Return on cash invested shows 29.68% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 156.45% and total cumulative return in cash records $144,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,742/mo property income covering a $1,366/mo payment rather than investor’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LUIS DAVILA • COLDWELL BANKER RESIDENTIAL BROKERAGE
Mls Name: HCMLS
Mls ID: #250021194