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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 6131 Jefferson St, West New York, NJ, 07093 priced at $995,000 converts $4,024/mo rent into after a $4,870/mo obligation. Total monthly income equals $4,024/mo. Return on cash invested prints 8.81% in year one, and rental yield reads 4.85% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 44.54% and total cumulative return in cash sums $145,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,024/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
2,500 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-02 | Listed for sale | $995,000 |
| 2019-06-01 | Listing removed | $1,650 |
| 2019-05-31 | Price change | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-11 | $7965.08 | -1.72% | $105,400 | N/A |
| 2022-08-11 | $8104.21 | N/A | $105,400 | N/A |
| 2021-08-11 | $8104.21 | 1.68% | $105,400 | N/A |
Listed by: Jill Biggs • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #240015075
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.
