Jersey City, NJ — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

2.8%

Below average

Monthly Cash Flow

-$1,704

After all expenses

Price-to-Rent

18.4

Overpriced for rent

DSCR

0.43

Fails

📊 Key Metrics

Median Home Price
$547,009
Average Rent (3BR)
$2,570/mo
Price-to-Rent Ratio
18.4(high)
1% Rule
0.45%(fails — need 1%+)
Cash-on-Cash Return
-15.8%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Jersey City for Investors

07302
Cap Rate: 3.0%Cash Flow: -$2,571/mo$903,476
07306
Cap Rate: 2.9%Cash Flow: -$1,571/mo$545,862
07304
Cap Rate: 2.8%Cash Flow: -$1,653/mo$547,009

All Zip Codes in Jersey City

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
073023.0%-$2,571$903,476$4,290/mo0.47
073062.9%-$1,571$545,862$2,570/mo0.46
073042.8%-$1,653$547,009$2,480/mo0.43
073052.6%-$1,704$536,391$2,330/mo0.40
073072.0%-$2,791$756,071$2,810/mo0.31