88 Sterling AveWeehawkenNJ07086
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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
Rental property for sale in Weehawken at 88 Sterling Ave, Weehawken, NJ, 07086 offers $7,589/mo rent that, after a $9,055/mo payment. Total monthly income is $7,589/mo. Return on cash invested measures 9.16% in year one, and rental yield stands at 4.92% at a $1,850,000 entry. Equity gained on principal adds $11,938/yr while 5% annual appreciation compounds into $511,121 by year five. Five-year ROI records 46.38% and total cumulative return in cash reaches $278,029. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,589/mo property income versus a $9,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07086, Weehawken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,374 (100%) |
| Owner Occupied HU | 2,532 (24.4%) |
| Renter Occupied HU | 6,629 (63.9%) |
| Vacant Housing Units | 1,213 (11.7%) |
| Median Home Value | $896,671 |
| Average Home Value | $964,840 |
Housing Distribution
Address Breakdown
Residential
9,121
Single Family
3,188
Multi-Family
5,933
Businesses
271
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Listed by: DOMENIQUE TOZZO-RULE • NJ REAL ESTATE BOUTIQUE LLC
Mls Name: HCMLS
Mls ID: #250017914
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.