963-965 Boulevard EWeehawkenNJ07086
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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 963-965 Boulevard E, Weehawken, NJ, 07086 generates $3,014/mo in rent and, after a $1,884/mo payment, leaves $270/mo in cash flow. Total monthly income is $3,014/mo, and annual cash flow is $3,242/yr on $127,628 invested. Return on cash invested sits at 22.45% in year one, and rental yield is 9.39% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 117.73% and total cumulative return in cash sums $150,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,014/mo property income rather than buyer’s personal income.
Condo
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: Christine Rea-Briskin • Christie's International Real Estate Group-Franklin Lakes
Mls Name: NJMLS
Mls ID: #25021810