803 Avenue A #B1BayonneNJ07002
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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 Bayonne at 803 Avenue A #B1, Bayonne, NJ, 07002 earns $551/mo cash flow from $2,689/mo rent with a $1,468/mo payment. Total monthly income totals $2,689/mo, and annual cash flow totals $6,612/yr on $99,450 capital. ROI tracks 26.56% on current figures, and rental yield reads 10.76% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 139.72% and total cumulative return in cash sums $138,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,689/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07002, Bayonne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,613 (100%) |
| Owner Occupied HU | 10,099 (31.0%) |
| Renter Occupied HU | 19,657 (60.3%) |
| Vacant Housing Units | 2,857 ( 8.8%) |
| Median Home Value | $518,170 |
| Average Home Value | $570,338 |
Housing Distribution
Address Breakdown
Residential
27,450
Single Family
16,572
Multi-Family
10,878
Businesses
1,590
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Listed by: Lorraine Santangelo • Del Virginia Realtors
Mls Name: MoreMLS
Mls ID: #22600595