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% |
Rental property for sale in Newark at 291 Walnut St, Newark, NJ, 07105 offers $3,590/mo rent that, after a $5,384/mo payment. Total monthly income is $3,590/mo. Return on cash invested measures 6.06% in year one, and rental yield stands at 3.92% at a $1,100,000 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,910 by year five. Five-year ROI records 29.74% and total cumulative return in cash reaches $105,979. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,590/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2022
2,178 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Price change | $1,100,000 |
| 2024-12-18 | Pending sale | $950,000 |
| 2024-08-20 | Sold | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $17151.53 | 468.46% | $451,000 | 468.01% |
| 2023-04-23 | $3017.20 | N/A | $79,400 | N/A |
| 2022-04-23 | $3017.20 | N/A | $79,400 | N/A |
Listed by: Jose Dacosta • Rosa Agency
Mls Name: GSMLS
Mls Provider:
Mls ID: #3958130
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 2025 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.
