30 Austin St #301NewarkNJ07114
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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
Investment property for sale in Newark at 30 Austin St #301, Newark, NJ, 07114 earns $115/mo cash flow from $2,040/mo rent with a $1,322/mo payment. Total monthly income totals $2,040/mo, and annual cash flow totals $1,380/yr on $89,505 capital. ROI tracks 21.45% on current figures, and rental yield reads 9.07% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 112.33% and total cumulative return in cash sums $100,537. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Condo
Built in N/A
N/A 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: Marc Titus • Realty One Group Next Door
Mls Name: NJMLS
Mls ID: #25032192