7002 Boulevard East APT 21BGuttenbergNJ07093
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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 Guttenberg at 7002 Boulevard East APT 21B, Guttenberg, NJ, 07093 uses $99,119 cash to close to unlock $207/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $2,148/mo, and a $1,463/mo payment keeps the spread at $17/mo. Purchase price stands at $299,000, and rental yield measures 8.62% with $2,148/mo rent. Return on cash invested shows 20.12% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 105.23% and total cumulative return in cash records $104,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,148/mo property income covering a $1,463/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: Zohar Zamir • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #26002824