70 W 32nd St APT 1FBayonneNJ07002
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 70 W 32nd St APT 1F, Bayonne, NJ, 07002 generates $1,682/mo in rent, after a $1,150/mo payment. Total monthly income is $1,682/mo. Return on cash invested sits at 5.4% in year one, and rental yield is 8.59% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 31.63% and total cumulative return in cash sums $24,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,682/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$949 monthly 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: John Pineiro • BERKSHIRE HATHAWAY HOME SERVICES MCGEEHAN & PINEIRO REALTY
Mls Name: HCMLS
Mls ID: #250012091
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.