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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 Jersey City at 372 Communipaw Ave APT 4R, Jersey City, NJ, 07304 generates $2,987/mo in rent, after a $1,957/mo payment. Total monthly income is $2,987/mo. Return on cash invested sits at 19.17% in year one, and rental yield is 8.96% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 100.86% and total cumulative return in cash sums $133,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,987/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$218 monthly HOA
Neighborhood data shown for ZIP Code: 07304, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,319 (100%) |
| Owner Occupied HU | 4,471 (20.0%) |
| Renter Occupied HU | 15,345 (68.8%) |
| Vacant Housing Units | 2,503 (11.2%) |
| Median Home Value | $571,772 |
| Average Home Value | $619,563 |
Residential
20,282
Single Family
9,517
Multi-Family
10,765
Businesses
1,035
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listing removed | $399,900 |
| 2025-05-05 | Price change | $399,900 |
| 2025-02-25 | Listed for sale | $408,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nicholas Verdi • KELLER WILLIAMS CITY VIEWS
Mls Name: HCMLS
Mls ID: #250010664
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.
