







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 15-19 Tichenor Ln UNIT 407, Newark, NJ, 07114 offers a 9.2% rental yield on a $359,900 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,762/mo payment leaves $194/mo available for distribution. Annual cash flow reaches $2,331/yr on $119,307 to close, and return on cash invested stands at 21.86% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 114.58% and total cumulative return in cash at $136,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A 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: Augusto Verissimo • Weichert Home City Realty
Mls Name: NJMLS
Mls ID: #25031888