14 Dandridge DrNewarkNJ07108
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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
Investment property for sale in Newark at 14 Dandridge Dr, Newark, NJ, 07108 at $299,000 posts ROI 25.35% with $449/mo cash flow from $2,580/mo rent. Total monthly income equals $2,580/mo, and annual cash flow records $5,391/yr on $99,119 to close. Return on cash invested measures 25.35% and rental yield reads 10.35% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 133.27% and total cumulative return in cash totals $132,094.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,580/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1992
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07108, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,489 (100%) |
| Owner Occupied HU | 1,712 (14.9%) |
| Renter Occupied HU | 8,769 (76.3%) |
| Vacant Housing Units | 1,008 ( 8.8%) |
| Median Home Value | $401,970 |
| Average Home Value | $431,478 |
Housing Distribution
Address Breakdown
Residential
8,969
Single Family
5,693
Multi-Family
3,276
Businesses
407
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Listed by: Robin Stepeney • United Real Estate
Mls Name: GSMLS
Mls ID: #3995096