518-530 Gregory Ave #A213WeehawkenNJ07086
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
Rental property for sale in Weehawken at 518-530 Gregory Ave #A213, Weehawken, NJ, 07086 generates $4,822/mo in rent and, after a $3,108/mo payment, leaves $296/mo in cash flow. Total monthly income is $4,822/mo, and annual cash flow is $3,550/yr on $208,915 invested. Return on cash invested sits at 21.76% in year one, and rental yield is 9.11% on a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 113.96% and total cumulative return in cash sums $238,088. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,822/mo property income rather than buyer’s personal income.
Condo
Built in N/A
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ANGELA CUCINIELLO • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #250009941
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.