7002 Boulevard UNIT 21B, West New York, NJ, 07093 | $549/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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7002 Boulevard UNIT 21B, West New York, NJ, 07093 | $549/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in West New York at 7002 Boulevard UNIT 21B, West New York, NJ, 07093 uses $115,694 cash to close to unlock $6,583/yr annual cash flow and $549/mo monthly cash flow. Total monthly income runs $3,036/mo, and a $1,708/mo payment keeps the spread at $549/mo. Purchase price stands at $349,000, and rental yield measures 10.44% with $3,036/mo rent. Return on cash invested shows 25.6% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash records $155,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,036/mo property income covering a $1,708/mo payment rather than investor’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

This beautifully renovated 2-bedroom, 2-bath 979 sft condo features direct NYC midtown/uptown & GWB views, modern finishes, spacious ensuite primary bedroom, hardwood & tile flooring throughout, as well as an open floor plan that allows the incredible sunrise to fill your entire living space w/ warmth & light. Located in the sought-after Galaxy Towers complex where luxury amenities & peaceful, easy living are just part of life. This includes ALL utilities, 24-hour concierge, security services, pools, hot tubs, exclusive spa & gym featuring high-end equipment, saunas, tennis & pickleball courts, landscaped outdoor sanctuary, conference, children' rooms,& much more! Perfectly situated in the heart of all the city has to offer, making any form of commuting a breeze, conveniently located near James J Braddock North Hudson County Park and North Hudson Dog Park. The Galaxy welcomes up to 2 pets.

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