404 New York AveUnion CityNJ07087
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 Union City at 404 New York Ave, Union City, NJ, 07087 with 5% annual appreciation on a $345,500 basis while $2,449/mo rent supports operations. 77% in year one. Equity gained on principal adds $2,229/yr, and five-year appreciation sums $95,455 alongside rental yield of 8.51%. Five-year ROI measures 103.32% and total cumulative return in cash totals $118,337. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,449/mo property income versus a $1,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SUZEY S ABUELHAWA • GLOBAL REAL ESTATE OFFICE INC
Mls Name: HCMLS
Mls ID: #250024962