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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 23 Fillmore St, Newark, NJ, 07105 at $699,000 posts ROI 10.62% with from $3,172/mo rent. Total monthly income equals $3,172/mo. Return on cash invested measures 10.62% and rental yield reads 5.45% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 54.21% and total cumulative return in cash totals $124,658. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,172/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
1,742 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Listed for sale | $699,000 |
| 2009-08-10 | Sold | $245,000 |
| 2009-04-11 | Listed for sale | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $7478.40 | N/A | $196,800 | N/A |
| 2022-10-16 | $7478.40 | N/A | $196,800 | N/A |
| 2021-10-16 | $7478.40 | 1.04% | $196,800 | N/A |
Listed by: Evangelina M. Pedro • Weichert Realtors - Home City
Mls Name: GSMLS
Mls Provider:
Mls ID: #3920405
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
