








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


Investment property for sale in Hoboken at 422 Grand St APT 4, Hoboken, NJ, 07030 listed at $599,000 pairs $5,874/mo rent with a $2,932/mo payment to leave $1,159/mo cash flow. Total monthly income runs $5,874/mo, and annual cash flow reaches $13,911/yr on $197,071 cash to close. Return on cash invested measures 27.12% in year one, and rental yield registers 11.77% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 143.72% and total cumulative return in cash totals $283,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,874/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$445 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 |
|---|---|---|
| 2025-06-10 | Listed for sale | $599,000 |
| 2024-09-18 | Listing removed | $3,250 |
| 2024-09-11 | Listed for rent | $3,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $6917.42 | 8.41% | $391,700 | N/A |
| 2023-06-11 | $6380.79 | 1.81% | $391,700 | N/A |
| 2022-06-11 | $6267.20 | N/A | $391,700 | N/A |



Listed by: Jihad Mustafa • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #250011715
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.