86 W 33rd St APT 207BayonneNJ07002
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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 86 W 33rd St APT 207, Bayonne, NJ, 07002 uses $115,992 cash to close to unlock $571/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $2,542/mo, and a $1,713/mo payment keeps the spread at $48/mo. Purchase price stands at $349,900, and rental yield measures 8.72% with $2,542/mo rent. Return on cash invested shows 20.4% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 106.72% and total cumulative return in cash records $123,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,542/mo property income covering a $1,713/mo payment rather than investor’s 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: JAMES COLANERI JR • A.J.C. REALTY EXCHANGE, LLC
Mls Name: HCMLS
Mls ID: #250013679