45 River Dr South 1205 #1205Jc DowntownNJ07310
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 Jc Downtown at 45 River Dr South 1205 #1205, Jc Downtown, NJ, 07310 offers a 5.81% rental yield on a $759,000 purchase with $3,673/mo rent. 71% in year one. Equity gained on principal adds $4,898/yr while 5% annual appreciation supports $209,698 over five years. Portfolio math shows five-year ROI at 60.09% and total cumulative return in cash at $150,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,673/mo property income against a $3,715/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07310, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,714 (100%) |
| Owner Occupied HU | 1,277 (11.9%) |
| Renter Occupied HU | 8,148 (76.1%) |
| Vacant Housing Units | 1,289 (12.0%) |
| Median Home Value | $932,165 |
| Average Home Value | $1,019,580 |
Housing Distribution
Address Breakdown
Residential
10,219
Single Family
1,056
Multi-Family
9,163
Businesses
427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A