Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 501 Monroe St APT 3, Hoboken, NJ, 07030 offers a 11.68% rental yield on a $899,000 purchase with $8,754/mo rent. Total monthly income registers $8,754/mo, and a $4,400/mo payment leaves $1,844/mo available for distribution. Annual cash flow reaches $22,131/yr on $295,771 to close, and return on cash invested stands at 27.54% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 145.73% and total cumulative return in cash at $431,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,754/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$502 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 |
|---|---|---|
| 2024-09-04 | Listed for sale | $899,000 |
| 2021-04-14 | Sold | $759,000 |
| 2020-10-15 | Sold | $759,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $9282.04 | 1.81% | $569,800 | N/A |
| 2022-09-05 | $9116.80 | N/A | $569,800 | N/A |
| 2021-09-05 | $9116.80 | 0.06% | $569,800 | N/A |
Listed by: Lalania Von Ogden • CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
Mls Name: HCMLS
Mls ID: #240017288
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.
