96 Bowers St #2LJersey CityNJ07307
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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 Jersey City at 96 Bowers St #2L, Jersey City, NJ, 07307 at $339,500 posts ROI 33.3% with $1,256/mo cash flow from $3,930/mo rent. Total monthly income equals $3,930/mo, and annual cash flow records $15,069/yr on $112,544 to close. Return on cash invested measures 33.3% and rental yield reads 13.89% at the current $339,500. Equity gained on principal adds $2,191/yr, and 5% annual appreciation supports $93,798 by year five. Five-year ROI prints 176.86% and total cumulative return in cash totals $199,049.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,930/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$254 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07307, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,616 (100%) |
| Owner Occupied HU | 5,040 (27.1%) |
| Renter Occupied HU | 11,915 (64.0%) |
| Vacant Housing Units | 1,661 ( 8.9%) |
| Median Home Value | $675,535 |
| Average Home Value | $688,876 |
Housing Distribution
Address Breakdown
Residential
16,091
Single Family
8,649
Multi-Family
7,442
Businesses
832
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Listed by: Daniel Mendez • MENDEZ GRP LLC
Mls Name: HCMLS
Mls ID: #240008497
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.