500 Grand AveNorth BergenNJ07047
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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 North Bergen at 500 Grand Ave, North Bergen, NJ, 07047 with 5% annual appreciation on a $579,900 basis while $2,974/mo rent supports operations. 77% in year one. Equity gained on principal adds $3,742/yr, and five-year appreciation sums $160,216 alongside rental yield of 6.15%. Five-year ROI measures 65.76% and total cumulative return in cash totals $125,461. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,974/mo property income versus a $2,838/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07047, North Bergen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,098 (100%) |
| Owner Occupied HU | 9,447 (34.9%) |
| Renter Occupied HU | 15,608 (57.6%) |
| Vacant Housing Units | 2,043 ( 7.5%) |
| Median Home Value | $564,058 |
| Average Home Value | $608,904 |
Housing Distribution
Address Breakdown
Residential
22,031
Single Family
11,474
Multi-Family
10,557
Businesses
1,458
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Listed by: JORGE CASALINS • REAL
Mls Name: HCMLS
Mls ID: #250019718