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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 West New York at 6040 Blvd East UNIT 7N, West New York, NJ, 07093 generates $2,568/mo in rent and, after a $685/mo payment, leaves $745/mo in cash flow. Total monthly income is $2,568/mo, and annual cash flow is $8,944/yr on $46,410 invested. Return on cash invested sits at 39.18% in year one, and rental yield is 22.01% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 215.23% and total cumulative return in cash sums $99,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,568/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$825 monthly HOA
Neighborhood data shown for ZIP Code: 07093, West New York, NJ area.
| 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 |
Residential
25,301
Single Family
6,081
Multi-Family
19,220
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robert Dekanski • Re/Max 1st Advantage
Mls Name: GSMLS
Mls Provider:
Mls ID: #3922084
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
