4 Constellation Pl APT 306Jersey CityNJ07305
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow4 Constellation Pl APT 306, Jersey City, NJ, 07305 in Jersey City carries a 2.05 coverage ratio, rent of $3,130/mo is 2.05 times the $1,524/mo payment. Rental yield 11.08%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $339,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $93,659; total projected cumulative return: $175,879.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.1% |
| Monthly Cash Flow | $(437) | $1,850 |
City averages based on Jersey City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,130 |
| Total Monthly Debt Service | $2,281 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07305, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,090 (100%) |
| Owner Occupied HU | 8,581 (31.7%) |
| Renter Occupied HU | 16,391 (60.5%) |
| Vacant Housing Units | 2,118 ( 7.8%) |
| Median Home Value | $484,092 |
| Average Home Value | $556,754 |
Housing Distribution
Address Breakdown
Residential
22,404
Single Family
13,978
Multi-Family
8,426
Businesses
1,042
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
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07305, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,090 (100%) |
| Owner Occupied HU | 8,581 (31.7%) |
| Renter Occupied HU | 16,391 (60.5%) |
| Vacant Housing Units | 2,118 ( 7.8%) |
| Median Home Value | $484,092 |
| Average Home Value | $556,754 |
Housing Distribution
Address Breakdown
Residential
22,404
Single Family
13,978
Multi-Family
8,426
Businesses
1,042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: HCMLS
Mls ID: #260006443