402 9th St APT 4AHobokenNJ07030
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
Investment Highlights
Investment property for sale in Hoboken at 402 9th St APT 4A, Hoboken, NJ, 07030 offers a 4.36% rental yield on a $1,250,000 purchase with $4,542/mo rent. 43% in year one. Equity gained on principal adds $8,066/yr while 5% annual appreciation supports $345,352 over five years. Portfolio math shows five-year ROI at 37.08% and total cumulative return in cash at $150,193. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,542/mo property income against a $6,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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: JILL K BIGGS • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #260001547