518-530 Gregory Ave #C-408WeehawkenNJ07086
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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 Weehawken at 518-530 Gregory Ave #C-408, Weehawken, NJ, 07086 uses $194,011 cash to close to unlock $17,328/yr annual cash flow and $1,444/mo monthly cash flow. Total monthly income runs $5,647/mo, and a $2,886/mo payment keeps the spread at $1,444/mo. Purchase price stands at $589,700, and rental yield measures 11.49% with $5,647/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $162,923 over five years. Five-year ROI reaches 152.75% and total cumulative return in cash records $296,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,647/mo property income covering a $2,886/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: 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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Listed by: ANGELA CUCINIELLO • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #250018112