299 Elm St, Newark, NJ, 07105 | $226/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newark at 299 Elm St, Newark, NJ, 07105 earns $226/mo cash flow from $3,070/mo rent with a $1,953/mo payment. Total monthly income totals $3,070/mo, and annual cash flow totals $2,711/yr on $132,269 capital. ROI tracks 21.96% on current figures, and rental yield reads 9.23% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 115.06% and total cumulative return in cash sums $152,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,070/mo property income instead of your personal income.

Single Family

Built in 1900

1,306 sqft lot

$N/A/sqft

No HOA