74 Lydia DrWest New YorkNJ07093
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 74 Lydia Dr, West New York, NJ, 07093 listed at $845,000 pairs $8,270/mo rent with a $4,136/mo payment to leave $1,657/mo cash flow. Total monthly income runs $8,270/mo, and annual cash flow reaches $19,882/yr on $278,005 cash to close. Return on cash invested measures 27.21% in year one, and rental yield registers 11.74% at a $845,000 basis. Equity gained on principal adds $5,453/yr, and annual property appreciation at 5% supports $233,458 by year five. Five-year ROI tracks 144.13% and total cumulative return in cash totals $400,680. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,270/mo property income relative to a $4,136/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$590 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheri Taylor • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #240014275
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.