85 Broadway APT 1E, Jersey City, NJ, 07306 | $449/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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85 Broadway APT 1E, Jersey City, NJ, 07306 | $449/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

Rental property for sale in Jersey City at 85 Broadway APT 1E, Jersey City, NJ, 07306 offers $2,580/mo rent that, after a $1,463/mo payment, leaves $449/mo cash flow. Total monthly income is $2,580/mo, and annual cash flow is $5,391/yr on $99,119 cash. Return on cash invested measures 25.35% in year one, and rental yield stands at 10.35% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 133.27% and total cumulative return in cash reaches $132,094. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,580/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Dont miss your chance to own a well-appointed 1-bedroom, 1-bathroom condo in one of Jersey Citys fastest growing neighborhoodsJournal Square. Ideally situated just a few blocks from the JSQ PATH station, this first-floor unit offers unbeatable convenience with both an assigned parking space and private storage, rare finds in the area! Nestled in a quiet, well-maintained building, the home features a freshly painted interior with an open-concept kitchen and living area, perfect for entertaining or unwinding after a long day. The spacious bedroom offers generous closet space, and the washer/dryer on every floorjust steps from your unitadds ease to your daily routine. Commuters will appreciate seamless access to the PATH, major highways, and local bus lines, while first-time buyers and investors alike will recognize the value of this move-in-ready gem. Surrounded by shops, parks, restaurants, and transit options, this is a prime opportunity to own in one of Jersey City's most accessible and dynamic neighborhoods.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07306, Jersey City, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,781 (100%)
Owner Occupied HU	5,055 (17.6%)
Renter Occupied HU	19,877 (69.1%)
Vacant Housing Units	3,849 (13.4%)
Median Home Value	$612,577
Average Home Value	$651,621