Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Jersey City at 420 2nd St APT 8, Jersey City, NJ, 07302 generates $2,639/mo in rent, after a $1,835/mo payment. Total monthly income is $2,639/mo. Return on cash invested sits at 16.88% in year one, and rental yield is 8.44% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 88.83% and total cumulative return in cash sums $110,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,639/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$280 monthly HOA
Neighborhood data shown for ZIP Code: 07302, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,585 (100%) |
| Owner Occupied HU | 7,643 (20.9%) |
| Renter Occupied HU | 25,548 (69.8%) |
| Vacant Housing Units | 3,394 ( 9.3%) |
| Median Home Value | $917,452 |
| Average Home Value | $1,017,181 |
Residential
33,591
Single Family
6,688
Multi-Family
26,903
Businesses
1,293
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Listed for sale | $375,000 |
| 2024-11-20 | Listing removed | $375,000 |
| 2024-11-06 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $7348.80 | -0.62% | $329,100 | N/A |
| 2023-01-28 | $7394.88 | 40.09% | $329,100 | N/A |
| 2022-01-28 | $5278.76 | N/A | $329,100 | N/A |
Listed by: Laura Defrancesco • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #250000562
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.
