64-70 Silver StBayonneNJ07002
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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 Bayonne at 64-70 Silver St, Bayonne, NJ, 07002 priced at $637,900 converts $4,471/mo rent into after a $3,122/mo obligation. Total monthly income equals $4,471/mo. Return on cash invested prints 19.63% in year one, and rental yield reads 8.41% against a $637,900 entry. Equity gained on principal adds $4,116/yr, while 5% annual appreciation compiles into $176,240 by year five. Five-year ROI reaches 102.55% and total cumulative return in cash sums $215,215. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,471/mo property income covering a $3,122/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,519 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
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Listed by: John Ward • BERKSHIRE HATHAWAY HOME SERVICES MCGEEHAN & PINEIRO REALTY
Mls Name: HCMLS
Mls ID: #250008477
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.