6515 Boulevard East APT 5NWest 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
Investment property for sale in West New York at 6515 Boulevard East APT 5N, West New York, NJ, 07093 with 5% annual appreciation on a $352,000 basis while $3,691/mo rent supports operations. Total monthly income totals $3,691/mo and a $1,723/mo payment preserves $340/mo for cash returns. Annual cash flow comes to $4,078/yr on $116,688 deployed, and return on cash invested reaches 23.4% in year one. Equity gained on principal adds $2,271/yr, and five-year appreciation sums $97,251 alongside rental yield of 12.58%. Five-year ROI measures 125.95% and total cumulative return in cash totals $146,970.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,691/mo property income versus a $1,723/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in N/A
N/A lot
$N/A/sqft
$842 monthly 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: Marlene Michael • COLDWELL BANKER RESIDENTIAL BROKERAGE
Mls Name: HCMLS
Mls ID: #240004862
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.