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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% |
Investment property for sale in Union City at 552 38th St APT 2, Union City, NJ, 07087 uses $79,560 cash to close to unlock $2,880/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,951/mo, and a $1,175/mo payment keeps the spread at $240/mo. Purchase price stands at $240,000, and rental yield measures 9.75% with $1,951/mo rent. Return on cash invested shows 23.53% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 123.47% and total cumulative return in cash records $98,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,951/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07087, Union City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,036 (100%) |
| Owner Occupied HU | 4,775 (18.3%) |
| Renter Occupied HU | 19,382 (74.4%) |
| Vacant Housing Units | 1,879 ( 7.2%) |
| Median Home Value | $502,333 |
| Average Home Value | $541,116 |
Residential
23,513
Single Family
6,509
Multi-Family
17,004
Businesses
2,221
Date | Event | Price |
|---|---|---|
| 2025-06-19 | Price change | $240,000 |
| 2024-10-17 | Listed for sale | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: EVERTH J MARADIAGA • E REALTY
Mls Name: HCMLS
Mls ID: #250012540
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.
