374 Avenue CBayonneNJ07002
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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
Investment Highlights
Total monthly income runs $3,151/mo, and a $3,079/mo payment. Purchase price stands at $629,000, and rental yield measures 6.01% with $3,151/mo rent. Return on cash invested shows 12.33% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 63.43% and total cumulative return in cash records $131,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,151/mo property income covering a $3,079/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07002, Bayonne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,613 (100%) |
| Owner Occupied HU | 10,099 (31.0%) |
| Renter Occupied HU | 19,657 (60.3%) |
| Vacant Housing Units | 2,857 ( 8.8%) |
| Median Home Value | $518,170 |
| Average Home Value | $570,338 |
Housing Distribution
Address Breakdown
Residential
27,450
Single Family
16,572
Multi-Family
10,878
Businesses
1,590
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Listed by: BEN COSTANZA • COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.
Mls Name: HCMLS
Mls ID: #250016676