168 Tuxedo PkwyNewarkNJ07106
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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
Rental property for sale in Newark at 168 Tuxedo Pkwy, Newark, NJ, 07106 priced at $519,000 pairs $3,359/mo rent with after a $2,540/mo payment. Total monthly income equals $3,359/mo. Return on cash invested is 17.67% in year one, and rental yield stands at 7.77% on a $519,000 basis. Equity gained on principal adds $3,349/yr, and 5% annual appreciation accumulates to $143,390 by year five. Five-year ROI measures 92.04% and total cumulative return in cash reaches $157,161. For financing, Ziffy Mortgage’s DSCR program evaluates $3,359/mo property income against a $2,540/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07106, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,911 (100%) |
| Owner Occupied HU | 3,797 (29.4%) |
| Renter Occupied HU | 8,106 (62.8%) |
| Vacant Housing Units | 1,008 ( 7.8%) |
| Median Home Value | $360,258 |
| Average Home Value | $488,069 |
Housing Distribution
Address Breakdown
Residential
10,380
Single Family
6,306
Multi-Family
4,074
Businesses
427
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Listed by: STEVEN L BELL • BOYNE REALTY
Mls Name: HCMLS
Mls ID: #250015029