7002 Boulevard #3FWest 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 7002 Boulevard #3F, West New York, NJ, 07093 uses $99,450 cash to close to unlock $5,160/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $2,568/mo, and a $1,468/mo payment keeps the spread at $430/mo. Purchase price stands at $299,999, and rental yield measures 10.27% with $2,568/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 131.89% and total cumulative return in cash records $131,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,568/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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: HARDEEP SINGH • ELEVATE REALTY
Mls Name: HCMLS
Mls ID: #250025896