901 Stuyvesant-104UnionNJ07083
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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 Union at 901 Stuyvesant-104, Union, NJ, 07083 generates $2,133/mo in rent and, after a $1,463/mo payment, leaves $2/mo in cash flow. Total monthly income is $2,133/mo, and annual cash flow is $27/yr on $99,119 invested. Return on cash invested sits at 19.94% in year one, and rental yield is 8.56% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 104.26% and total cumulative return in cash sums $103,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,133/mo property income rather than buyer’s personal income.
Condo
Built in 2001
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Housing Distribution
Address Breakdown
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
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Listed by: Michael Martinetti • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3975321