43-49 Van Wagenen Ave APT 6AJersey CityNJ07306
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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 Jersey City at 43-49 Van Wagenen Ave APT 6A, Jersey City, NJ, 07306 uses $127,628 cash to close to unlock $4,274/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $3,100/mo, and a $1,884/mo payment keeps the spread at $356/mo. Purchase price stands at $385,000, and rental yield measures 9.66% with $3,100/mo rent. Return on cash invested shows 23.26% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 122.05% and total cumulative return in cash records $155,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,100/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07306, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,781 (100%) |
| Owner Occupied HU | 5,055 (17.6%) |
| Renter Occupied HU | 19,877 (69.1%) |
| Vacant Housing Units | 3,849 (13.4%) |
| Median Home Value | $612,577 |
| Average Home Value | $651,621 |
Housing Distribution
Address Breakdown
Residential
24,144
Single Family
9,038
Multi-Family
15,106
Businesses
1,831
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Listed by: SCOTT B SOMSEL • KELLER WILLIAMS CITY VIEWS
Mls Name: HCMLS
Mls ID: #260000735