15-19 Tichenor Ln BLDG 30 #205NewarkNJ07114
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 15-19 Tichenor Ln BLDG 30 #205, Newark, NJ, 07114 in Newark aligned with their strategy. Rental yield 7.82%. DSCR 1.45 and 7.82% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $3,730/yr in paydown build toward a projected cumulative return of $139,243.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.2% |
| Monthly Cash Flow | $(870) | $1,250 |
City averages based on Newark market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,638 |
| Total Monthly Debt Service | $2,726 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2008
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07114, Newark, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,999
Single Family
1,822
Multi-Family
2,177
Businesses
1,000
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2008
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07114, Newark, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,999
Single Family
1,822
Multi-Family
2,177
Businesses
1,000
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSMLS
Mls ID: #4024442