63-65 W 1st St UNIT 201BayonneNJ07002
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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 Bayonne at 63-65 W 1st St UNIT 201, Bayonne, NJ, 07002 earns from $2,748/mo rent with a $2,227/mo payment. Total monthly income totals $2,748/mo. ROI tracks 15.52% on current figures, and rental yield reads 7.25% at a $454,900 purchase. Equity gained on principal adds $2,935/yr, and 5% annual appreciation supports $125,680 over five years. Five-year ROI reaches 80.71% and total cumulative return in cash sums $121,712. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,748/mo property income instead of your personal income.
Condo
Built in 2009
4,791 sqft lot
$N/A/sqft
$673 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07002, Bayonne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,613 (100%) |
| Owner Occupied HU | 10,099 (31.0%) |
| Renter Occupied HU | 19,657 (60.3%) |
| Vacant Housing Units | 2,857 ( 8.8%) |
| Median Home Value | $518,170 |
| Average Home Value | $570,338 |
Housing Distribution
Address Breakdown
Residential
27,450
Single Family
16,572
Multi-Family
10,878
Businesses
1,590
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Listed by: Joseph J. Scotto • C-21 Cedarcrest Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3952081
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