








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Hoboken at 406 Grand St APT 3, Hoboken, NJ, 07030 generates $3,510/mo in rent, after a $2,814/mo payment. Total monthly income is $3,510/mo. Return on cash invested sits at 13.8% in year one, and rental yield is 7.33% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 72.2% and total cumulative return in cash sums $136,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,510/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$399 monthly HOA
Neighborhood data shown for ZIP Code: 07030, Hoboken, NJ area.
| 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 |
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listed for sale | $575,000 |
| 2022-05-27 | Sold | $472,000 |
| 2022-05-04 | Pending sale | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $6012.64 | 1.81% | $369,100 | N/A |
| 2022-10-16 | $5905.60 | N/A | $369,100 | N/A |
| 2021-10-16 | $5905.60 | 0.06% | $369,100 | N/A |



Listed by: Giovanni Maramonte • KELLER WILLIAMS CITY LIFE REALTY
Mls Name: HCMLS
Mls ID: #240019822
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.