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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newark at 13 Wharton St, Newark, NJ, 07114 with 5% annual appreciation on a $899,000 basis while $2,520/mo rent supports operations. 29% in year one. Equity gained on principal adds $5,801/yr, and five-year appreciation sums $248,377 alongside rental yield of 3.36%. Five-year ROI measures 20.28% and total cumulative return in cash totals $59,986. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,520/mo property income versus a $4,400/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2007
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07114, Newark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,596 (100%) |
| Owner Occupied HU | 560 (12.2%) |
| Renter Occupied HU | 3,699 (80.5%) |
| Vacant Housing Units | 337 ( 7.3%) |
| Median Home Value | $493,431 |
| Average Home Value | $512,478 |
Residential
3,999
Single Family
1,822
Multi-Family
2,177
Businesses
1,000
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tovia Lichtman • Keller Williams Mid-Town Direct
Mls Name: GSMLS
Mls ID: #3994029
