6040 Boulevard EWest 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 6040 Boulevard E, West New York, NJ, 07093 listed at $320,000 pairs $2,568/mo rent with a $1,566/mo payment to leave $287/mo cash flow. Total monthly income runs $2,568/mo, and annual cash flow reaches $3,448/yr on $106,080 cash to close. Return on cash invested measures 23.16% in year one, and rental yield registers 9.63% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 121.53% and total cumulative return in cash totals $128,919. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,568/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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: Maria Waller • Weichert Realtors, Fort Lee
Mls Name: NJMLS
Mls ID: #26001845