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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% |
Rental property for sale in Newark at 162 S 12Th St, Newark, NJ, 07107 generates $4,530/mo in rent, after a $4,356/mo payment. Total monthly income is $4,530/mo. Return on cash invested sits at 12.63% in year one, and rental yield is 6.11% on a $890,000 entry. Equity gained on principal adds $5,743/yr, while 5% annual appreciation builds toward $245,891 over five years. Five-year ROI reaches 65.01% and total cumulative return in cash sums $190,348. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,530/mo property income rather than buyer’s personal income.
Multi Family
Built in 2025
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07107, Newark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,578 (100%) |
| Owner Occupied HU | 2,977 (19.1%) |
| Renter Occupied HU | 11,548 (74.1%) |
| Vacant Housing Units | 1,053 ( 6.8%) |
| Median Home Value | $408,045 |
| Average Home Value | $427,148 |
Residential
12,473
Single Family
7,330
Multi-Family
5,143
Businesses
646
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: Simone Jelks-bandison • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3980106
