170 Christie St, Newark, NJ, 07105 | 7.6% Rental Yield

Pending

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Newark at 170 Christie St, Newark, NJ, 07105 generates $3,166/mo in rent, after a $2,447/mo payment. Total monthly income is $3,166/mo. Return on cash invested sits at 17.03% in year one, and rental yield is 7.6% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 88.64% and total cumulative return in cash sums $146,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,166/mo property income rather than buyer’s personal income.

Multi Family

Built in 1900

1,306 sqft lot

$N/A/sqft

No HOA