317 Lafayette StNewarkNJ07105
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Nearby investment properties with comparable prices
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 317 Lafayette St, Newark, NJ, 07105 earns from $2,239/mo rent with a $4,282/mo payment. Total monthly income totals $2,239/mo. ROI tracks 3.4% on current figures, and rental yield reads 3.07% at a $874,900 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,719 over five years. Five-year ROI reaches 15.51% and total cumulative return in cash sums $44,643. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,239/mo property income instead of your personal income.
Multi Family
Built in 1899
2,613 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Carla Ferreira • Rosa Agency
Mls Name: GSMLS
Mls Provider:
Mls ID: #3918866
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