707 Sip StUnion CityNJ07087
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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
Rental property for sale in Union City at 707 Sip St, Union City, NJ, 07087 offers $2,857/mo rent that, after a $2,344/mo payment. Total monthly income is $2,857/mo. Return on cash invested measures 15.7% in year one, and rental yield stands at 7.16% at a $479,000 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,339 by year five. Five-year ROI records 81.52% and total cumulative return in cash reaches $129,447. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,857/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07087, Union City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,036 (100%) |
| Owner Occupied HU | 4,775 (18.3%) |
| Renter Occupied HU | 19,382 (74.4%) |
| Vacant Housing Units | 1,879 ( 7.2%) |
| Median Home Value | $502,333 |
| Average Home Value | $541,116 |
Housing Distribution
Address Breakdown
Residential
23,513
Single Family
6,509
Multi-Family
17,004
Businesses
2,221
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Listed by: MATTHEW PERASSO • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #250023784