151 Keer AveNewarkNJ07112
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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
Investment Highlights
Investment property for sale in Newark at 151 Keer Ave, Newark, NJ, 07112 at $430,000 posts ROI 26.12% with $738/mo cash flow from $3,803/mo rent. Total monthly income equals $3,803/mo, and annual cash flow records $8,852/yr on $142,545 to close. Return on cash invested measures 26.12% and rental yield reads 10.61% at the current $430,000. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 by year five. Five-year ROI prints 137.37% and total cumulative return in cash totals $195,819.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,803/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07112, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,847 (100%) |
| Owner Occupied HU | 2,768 (23.4%) |
| Renter Occupied HU | 8,072 (68.1%) |
| Vacant Housing Units | 1,007 ( 8.5%) |
| Median Home Value | $363,598 |
| Average Home Value | $433,572 |
Housing Distribution
Address Breakdown
Residential
9,155
Single Family
5,526
Multi-Family
3,629
Businesses
414
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Listed by: Fatimat Mohammed • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #4006309