Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newark at 211 1/2 2nd St, Newark, NJ, 07107 offers a 13.62% rental yield on a $399,000 purchase with $4,530/mo rent. Total monthly income registers $4,530/mo, and a $1,953/mo payment leaves $1,686/mo available for distribution. Annual cash flow reaches $20,231/yr on $132,269 to close, and return on cash invested stands at 35.2% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 186.09% and total cumulative return in cash at $246,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,530/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A 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 |
|---|---|---|
| 2025-01-22 | Listed for sale | $399,000 |
| 2025-01-13 | Pending sale | $399,000 |
| 2024-12-18 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $3818.21 | 1.79% | $100,400 | N/A |
| 2023-01-28 | $3750.94 | 5.21% | $100,400 | N/A |
| 2022-01-28 | $3565.20 | N/A | $100,400 | N/A |
Listed by: Niyanna McLeod • Elite Real Estate Group
Mls Name: NJMLS
Mls Provider:
Mls ID: #24025646
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-01-27 23:47:34 PST Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
