8800 Boulevard East APT 8DNorth 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 8800 Boulevard East APT 8D, North Bergen, NJ, 07047 uses $140,888 cash to close to unlock $5,542/yr annual cash flow and $462/mo monthly cash flow. Total monthly income runs $3,491/mo, and a $2,080/mo payment keeps the spread at $462/mo. Purchase price stands at $425,000, and rental yield measures 9.86% with $3,491/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 125.17% and total cumulative return in cash records $176,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,491/mo property income covering a $2,080/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: 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: DAWN BRAITHWAITE • KELLER WILLIAMS VILLAGE SQUARE REALTY
Mls Name: HCMLS
Mls ID: #250023751