400 9th St APT W2EHobokenNJ07030
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 400 9th St APT W2E, Hoboken, NJ, 07030 in Hoboken at $686,000. Rental yield 7.66%. The 7.66% yield and 1.42 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $189,529 by year five, and $6,318/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $205,608.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.2% |
| Monthly Cash Flow | $(918) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,379 |
| Total Monthly Debt Service | $5,024 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
$407 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07030, Hoboken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,308 (100%) |
| Owner Occupied HU | 9,103 (30.0%) |
| Renter Occupied HU | 19,036 (62.8%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $909,971 |
| Average Home Value | $1,031,969 |
Housing Distribution
Address Breakdown
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
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
$407 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07030, Hoboken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,308 (100%) |
| Owner Occupied HU | 9,103 (30.0%) |
| Renter Occupied HU | 19,036 (62.8%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $909,971 |
| Average Home Value | $1,031,969 |
Housing Distribution
Address Breakdown
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Linsky • PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Mls Name: HCMLS
Mls ID: #250008225
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.