380 Mountain Rd APT 808Union CityNJ07087
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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
Rental property for sale in Union City at 380 Mountain Rd APT 808, Union City, NJ, 07087 generates $2,746/mo in rent and, after a $1,817/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,746/mo, and annual cash flow is $1,200/yr on $123,053 invested. Return on cash invested sits at 20.88% in year one, and rental yield is 8.88% on a $371,200 entry. Equity gained on principal adds $2,395/yr, while 5% annual appreciation builds toward $102,556 over five years. Five-year ROI reaches 109.3% and total cumulative return in cash sums $134,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,746/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07087, Union City, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,513
Single Family
6,509
Multi-Family
17,004
Businesses
2,221
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Listed by: PAULA M BROWN • HUDSON VIEW REALTY LLC
Mls Name: HCMLS
Mls ID: #250011184
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.