23 Komorn StNewarkNJ07105
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
Investment Highlights
Investment property for sale in Newark at 23 Komorn St, Newark, NJ, 07105 at $849,000 posts ROI 7.39% with from $3,102/mo rent. Total monthly income equals $3,102/mo. Return on cash invested measures 7.39% and rental yield reads 4.38% at the current $849,000. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 by year five. Five-year ROI prints 36.92% and total cumulative return in cash totals $103,112. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,102/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
2,500 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROBERT DEKANSKI • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls ID: #2602374R