33 Beaumont PlNewarkNJ07104
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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
Rental property for sale in Newark at 33 Beaumont Pl, Newark, NJ, 07104 priced at $500,000 converts $4,620/mo rent into $1,056/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,620/mo, and annual cash flow totals $12,676/yr on $165,750 invested. Return on cash invested prints 27.56% in year one, and rental yield reads 11.09% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 145.1% and total cumulative return in cash sums $240,500. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,620/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1932
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07104, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,503 (100%) |
| Owner Occupied HU | 3,939 (18.3%) |
| Renter Occupied HU | 16,603 (77.2%) |
| Vacant Housing Units | 961 ( 4.5%) |
| Median Home Value | $446,782 |
| Average Home Value | $539,320 |
Housing Distribution
Address Breakdown
Residential
18,051
Single Family
8,845
Multi-Family
9,206
Businesses
1,010
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Listed by: Marilyn Rey • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #4008404