104 Jefferson St UNIT 3NewarkNJ07105
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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 $2,353/mo, and a $3,984/mo payment. Purchase price stands at $814,000, and rental yield measures 3.47% with $2,353/mo rent. Return on cash invested shows 4.61% in year one, and 5% annual appreciation builds toward $224,893 over five years. Five-year ROI reaches 22% and total cumulative return in cash records $58,919. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,353/mo property income covering a $3,984/mo payment rather than investor’s personal income.
Multi Family
Built in 1885
2,613 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Paul Teixeira • Re/Max Select
Mls Name: GSMLS
Mls Provider:
Mls ID: #3941690
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