22 Marne StNewarkNJ07105
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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 22 Marne St, Newark, NJ, 07105 priced at $600,000 pairs $3,454/mo rent with after a $2,937/mo payment. Total monthly income equals $3,454/mo. Return on cash invested is 15.06% in year one, and rental yield stands at 6.91% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 78.03% and total cumulative return in cash reaches $154,032. For financing, Ziffy Mortgage’s DSCR program evaluates $3,454/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1910
1,742 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: James Rosa • Rosa Agency
Mls Name: GSMLS
Mls ID: #4006955