6108 Harrison PlWest 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 6108 Harrison Pl, West New York, NJ, 07093 listed at $548,000 pairs $6,802/mo rent with a $2,682/mo payment to leave $2,896/mo cash flow. Total monthly income runs $6,802/mo, and annual cash flow reaches $34,754/yr on $180,292 cash to close. Return on cash invested measures 39.34% in year one, and rental yield registers 14.89% at a $548,000 basis. Equity gained on principal adds $3,536/yr, and annual property appreciation at 5% supports $151,402 by year five. Five-year ROI tracks 208.24% and total cumulative return in cash totals $375,438. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,802/mo property income relative to a $2,682/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
1,620 sqft 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: Ingrid Morales • CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
Mls Name: HCMLS
Mls ID: #240017247
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.