21 Lincoln Park #100NewarkNJ07102
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing21 Lincoln Park #100, Newark, NJ, 07102 in Newark is a stable, well-positioned rental at $540,000. Rental yield 6.38%. DSCR 1.18 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $149,192 in value and $4,973/yr in principal paydown builds equity, a total projected return of $144,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 7.2% |
| Monthly Cash Flow | $(1,486) | $1,250 |
City averages based on Newark market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,873 |
| Total Monthly Debt Service | $3,634 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07102, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,550 (100%) |
| Owner Occupied HU | 353 ( 4.7%) |
| Renter Occupied HU | 6,198 (82.1%) |
| Vacant Housing Units | 999 (13.2%) |
| Median Home Value | $371,318 |
| Average Home Value | $525,500 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
1,750
Multi-Family
5,243
Businesses
1,944
Nearby investment properties with comparable rents
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
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07102, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,550 (100%) |
| Owner Occupied HU | 353 ( 4.7%) |
| Renter Occupied HU | 6,198 (82.1%) |
| Vacant Housing Units | 999 (13.2%) |
| Median Home Value | $371,318 |
| Average Home Value | $525,500 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
1,750
Multi-Family
5,243
Businesses
1,944
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NJMLS
Mls ID: #26011201