7000 Columbia Ave APT 5North BergenNJ07047
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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 North Bergen at 7000 Columbia Ave APT 5, North Bergen, NJ, 07047 listed at $259,900 pairs $2,466/mo rent with a $1,272/mo payment to leave $283/mo cash flow. Total monthly income runs $2,466/mo, and annual cash flow reaches $3,391/yr on $86,157 cash to close. Return on cash invested measures 23.84% in year one, and rental yield registers 11.39% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 126.87% and total cumulative return in cash totals $109,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,466/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$331 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07047, North Bergen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,098 (100%) |
| Owner Occupied HU | 9,447 (34.9%) |
| Renter Occupied HU | 15,608 (57.6%) |
| Vacant Housing Units | 2,043 ( 7.5%) |
| Median Home Value | $564,058 |
| Average Home Value | $608,904 |
Housing Distribution
Address Breakdown
Residential
22,031
Single Family
11,474
Multi-Family
10,557
Businesses
1,458
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Listed by: Mariana Zuniga • COLDWELL BANKER RESIDENTIAL BROKERAGE
Mls Name: HCMLS
Mls ID: #250000674
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.