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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 6307 Broadway APT 7, West New York, NJ, 07093 generates $1,240/mo in rent, after a $734/mo payment. Total monthly income is $1,240/mo. Return on cash invested sits at 17.28% in year one, and rental yield is 9.92% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 92.39% and total cumulative return in cash sums $45,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,240/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$280 monthly 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 |
|---|---|---|
| 2025-05-27 | Listing removed | $1,500 |
| 2025-05-02 | Listed for rent | $1,500 |
| 2025-04-30 | Sold | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-10 | $2576.81 | 9.29% | $31,200 | N/A |
| 2023-06-10 | $2357.78 | -1.72% | $31,200 | N/A |
| 2022-06-10 | $2398.97 | N/A | $31,200 | N/A |
Listed by: Melissa Perez • SERHANT NEW JERSEY LLC
Mls Name: HCMLS
Mls ID: #240018809
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.
