7855 Boulevard E #23KNorth BergenNJ07047
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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 North Bergen at 7855 Boulevard E #23K, North Bergen, NJ, 07047 with 5% annual appreciation on a $364,900 basis while $2,670/mo rent supports operations. 54% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,815 alongside rental yield of 8.78%. Five-year ROI measures 77.52% and total cumulative return in cash totals $93,768. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,670/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in N/A
N/A lot
$N/A/sqft
$610 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07047, North Bergen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,098 (100%) |
| Owner Occupied HU | 9,447 (34.9%) |
| Renter Occupied HU | 15,608 (57.6%) |
| Vacant Housing Units | 2,043 ( 7.5%) |
| Median Home Value | $564,058 |
| Average Home Value | $608,904 |
Housing Distribution
Address Breakdown
Residential
22,031
Single Family
11,474
Multi-Family
10,557
Businesses
1,458
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Listed by: Fedra Sembiante • RE/MAX Properties-Saddle River
Mls Name: NJMLS
Mls Provider:
Mls ID: #24025642
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2024-10-16 04:53:33 PDT Source: New Jersey Multiple Listing, Inc. 2024 New Jersey Multiple Listing Service Inc. All rights reserved.