6040 Boulevard East APT 8JWest 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 East APT 8J, West New York, NJ, 07093 earns from $2,430/mo rent with a $1,663/mo payment. Total monthly income totals $2,430/mo. ROI tracks 5.68% on current figures, and rental yield reads 8.58% at a $339,797 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,880 over five years. Five-year ROI reaches 32.97% and total cumulative return in cash sums $37,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,430/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,344 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: Anthony Errante • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #250007185
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.