53 Duncan AveJersey CityNJ07304
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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 Jersey City at 53 Duncan Ave, Jersey City, NJ, 07304 at $339,000 posts ROI 21.1% with $112/mo cash flow from $2,528/mo rent. Total monthly income equals $2,528/mo, and annual cash flow records $1,343/yr on $112,379 to close. Return on cash invested measures 21.1% and rental yield reads 8.95% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 110.47% and total cumulative return in cash totals $124,144.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,528/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07304, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,319 (100%) |
| Owner Occupied HU | 4,471 (20.0%) |
| Renter Occupied HU | 15,345 (68.8%) |
| Vacant Housing Units | 2,503 (11.2%) |
| Median Home Value | $571,772 |
| Average Home Value | $619,563 |
Housing Distribution
Address Breakdown
Residential
20,282
Single Family
9,517
Multi-Family
10,765
Businesses
1,035
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Listed by: SHERYL SIMON • BERKSHIRE HATHAWAY HOME SERVICES MCGEEHAN & PINEIRO REALTY
Mls Name: HCMLS
Mls ID: #250018380