6213 Polk StWest 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
Rental property for sale in West New York at 6213 Polk St, West New York, NJ, 07093 priced at $899,999 pairs $6,077/mo rent with after a $4,405/mo payment. Total monthly income equals $6,077/mo. Return on cash invested is 18.69% in year one, and rental yield stands at 8.1% on a $899,999 basis. Equity gained on principal adds $5,808/yr, and 5% annual appreciation accumulates to $248,653 by year five. Five-year ROI measures 97.51% and total cumulative return in cash reaches $288,719. For financing, Ziffy Mortgage’s DSCR program evaluates $6,077/mo property income against a $4,405/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
2,500 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: Ana Arboleda • ACCESS HOMES REALTY
Mls Name: HCMLS
Mls ID: #240015477
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.