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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in West New York at 9 Avenue At Port Imperial #416, West New York, NJ, 07093 generates $7,980/mo in rent, after a $8,321/mo payment. Total monthly income is $7,980/mo. Return on cash invested sits at 11.36% in year one, and rental yield is 5.63% on a $1,700,000 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation builds toward $469,679 over five years. Five-year ROI reaches 58.14% and total cumulative return in cash sums $320,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,980/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07093, West New York, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,378 (100%) |
| Owner Occupied HU | 5,004 (19.0%) |
| Renter Occupied HU | 19,734 (74.8%) |
| Vacant Housing Units | 1,640 ( 6.2%) |
| Median Home Value | $596,289 |
| Average Home Value | $628,701 |
Residential
25,301
Single Family
6,081
Multi-Family
19,220
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Sold | $1,700,000 |
| 2025-05-24 | Pending sale | $1,788,000 |
| 2025-05-14 | Listed for sale | $1,788,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-27 | $515.78 | 3.20% | $6,500 | N/A |
| 2022-10-27 | $499.79 | N/A | $6,500 | N/A |
| 2021-10-27 | $499.79 | 1.68% | $6,500 | N/A |
Listed by: VISHAL MOORJANI • KELLER WILLIAMS CITY VIEWS
Mls Name: HCMLS
Mls ID: #250009571
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.
