61 69th St APT C3GuttenbergNJ07093
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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 Guttenberg at 61 69th St APT C3, Guttenberg, NJ, 07093 uses $138,700 cash to close to unlock $4,759/yr annual cash flow and $397/mo monthly cash flow. Total monthly income runs $3,379/mo, and a $2,048/mo payment keeps the spread at $397/mo. Purchase price stands at $418,400, and rental yield measures 9.69% with $3,379/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $115,596 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash records $169,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,379/mo property income covering a $2,048/mo payment rather than investor’s personal income.
Condo
Built in 1979
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: N/A • N/A
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