30 Astor StNewarkNJ07114
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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
Total monthly income runs $2,208/mo, and a $2,080/mo payment. Purchase price stands at $424,900, and rental yield measures 6.24% with $2,208/mo rent. Return on cash invested shows 12.92% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 66.59% and total cumulative return in cash records $93,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,208/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Multi Family
Built in 1929
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07114, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,596 (100%) |
| Owner Occupied HU | 560 (12.2%) |
| Renter Occupied HU | 3,699 (80.5%) |
| Vacant Housing Units | 337 ( 7.3%) |
| Median Home Value | $493,431 |
| Average Home Value | $512,478 |
Housing Distribution
Address Breakdown
Residential
3,999
Single Family
1,822
Multi-Family
2,177
Businesses
1,000
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Listed by: Christina Calvo • Genstone Ii Llc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3978749
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