233-235 Adams 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 233-235 Adams St, Newark, NJ, 07105 generates $3,860/mo in rent, after a $4,283/mo payment. Total monthly income is $3,860/mo. Return on cash invested sits at 10.15% in year one, and rental yield is 5.29% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 51.72% and total cumulative return in cash sums $148,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,860/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
2,613 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Augusto Verissimo • Weichert Realtors - Home City
Mls Name: GSMLS
Mls ID: #3993747