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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bayonne at 55 W 1st St APT C6, Bayonne, NJ, 07002 generates $1,664/mo in rent, after a $1,219/mo payment. Total monthly income is $1,664/mo. Return on cash invested sits at 18.29% in year one, and rental yield is 8.02% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 95.41% and total cumulative return in cash sums $78,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,664/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07002, Bayonne, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,613 (100%) |
| Owner Occupied HU | 10,099 (31.0%) |
| Renter Occupied HU | 19,657 (60.3%) |
| Vacant Housing Units | 2,857 ( 8.8%) |
| Median Home Value | $518,170 |
| Average Home Value | $570,338 |
Residential
27,450
Single Family
16,572
Multi-Family
10,878
Businesses
1,590
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Listed for sale | $249,000 |
| 2007-12-21 | Sold | $196,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: JOHN PINEIRO • BERKSHIRE HATHAWAY HOME SERVICES MCGEEHAN & PINEIRO REALTY
Mls Name: HCMLS
Mls ID: #250020277
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.
