56 68th St APT 7GuttenbergNJ07093
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
Total monthly income runs $2,376/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 11.4% with $2,376/mo rent. Return on cash invested shows 18.77% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 101.53% and total cumulative return in cash records $84,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,376/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$672 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07093, West New York, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,378 (100%) |
| Owner Occupied HU | 5,004 (19.0%) |
| Renter Occupied HU | 19,734 (74.8%) |
| Vacant Housing Units | 1,640 ( 6.2%) |
| Median Home Value | $596,289 |
| Average Home Value | $628,701 |
Housing Distribution
Address Breakdown
Residential
25,301
Single Family
6,081
Multi-Family
19,220
Businesses
1,609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Heim • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #250005986
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.