462 Liberty St #CLittle FerryNJ07643
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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 Little Ferry at 462 Liberty St #C, Little Ferry, NJ, 07643 uses $97,710 cash to close to unlock $177/yr annual cash flow and $15/mo monthly cash flow. Total monthly income runs $2,116/mo, and a $1,443/mo payment keeps the spread at $15/mo. Purchase price stands at $294,750, and rental yield measures 8.61% with $2,116/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $81,434 over five years. Five-year ROI reaches 105.05% and total cumulative return in cash records $102,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,116/mo property income covering a $1,443/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: 07643, Little Ferry, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,589 (100%) |
| Owner Occupied HU | 2,054 (44.8%) |
| Renter Occupied HU | 2,366 (51.6%) |
| Vacant Housing Units | 169 ( 3.7%) |
| Median Home Value | $464,179 |
| Average Home Value | $517,863 |
Housing Distribution
Address Breakdown
Residential
4,292
Single Family
3,942
Multi-Family
350
Businesses
451
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Listed by: Jaswinder Rehal • EXP Realty, LLC
Mls Name: NJMLS
Mls ID: #25042664