603 55th St APT 204West New YorkNJ07093
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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 West New York at 603 55th St APT 204, West New York, NJ, 07093 listed at $289,888 pairs $2,416/mo rent with a $1,419/mo payment. Total monthly income runs $2,416/mo. Return on cash invested measures 18.54% in year one, and rental yield registers 10% at a $289,888 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,091 by year five. Five-year ROI tracks 98.84% and total cumulative return in cash totals $94,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,416/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$459 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
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Listed by: Leonardo Arias • GALAXY REALTY SOLUTION
Mls Name: HCMLS
Mls ID: #250003023
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.