963 Boulevard E #2-3WeehawkenNJ07086
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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
Total monthly income runs $2,354/mo, and a $1,689/mo payment. Purchase price stands at $345,000, and rental yield measures 8.19% with $2,354/mo rent. Return on cash invested shows 18.8% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 98.15% and total cumulative return in cash records $112,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,354/mo property income covering a $1,689/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: 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: DANIEL JHOCSON • UNITED REAL ESTATE OF NORTH JERSEY
Mls Name: HCMLS
Mls ID: #250017611