518-530 Gregory Ave #A208WeehawkenNJ07086
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder518-530 Gregory Ave #A208, Weehawken, NJ, 07086 in Weehawken is a stable, well-positioned rental at $995,000. Rental yield 7.31%. DSCR 1.29 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $274,900 in value and $8,341/yr in principal paydown builds equity, a total projected return of $296,514.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.2% |
| Monthly Cash Flow | $(2,526) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $6,065 |
| Total Monthly Debt Service | $6,939 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07086, Weehawken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,374 (100%) |
| Owner Occupied HU | 2,532 (24.4%) |
| Renter Occupied HU | 6,629 (63.9%) |
| Vacant Housing Units | 1,213 (11.7%) |
| Median Home Value | $896,671 |
| Average Home Value | $964,840 |
Housing Distribution
Address Breakdown
Residential
9,121
Single Family
3,188
Multi-Family
5,933
Businesses
271
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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
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Listed by: N/A • N/A
Mls Name: Zillow
Mls Provider:
Mls ID: #Z000005813
