63 W 4th StBayonneNJ07002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bayonne at 63 W 4th St, Bayonne, NJ, 07002 priced at $1,005,500 converts $3,649/mo rent into after a $4,921/mo obligation. Total monthly income equals $3,649/mo. Return on cash invested prints 7.41% in year one, and rental yield reads 4.35% against a $1,005,500 entry. Equity gained on principal adds $6,488/yr, while 5% annual appreciation compiles into $277,801 by year five. Five-year ROI reaches 37% and total cumulative return in cash sums $120,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,649/mo property income covering a $4,921/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3,717 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A