332 Lafayette StNewarkNJ07105
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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 332 Lafayette St, Newark, NJ, 07105 earns from $3,054/mo rent with a $3,059/mo payment. Total monthly income totals $3,054/mo. ROI tracks 11.89% on current figures, and rental yield reads 5.86% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 61.04% and total cumulative return in cash sums $125,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,054/mo property income instead of your personal income.
Multi Family
Built in N/A
871.20 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Olga C. Ferreira • Ferreira Realty & Associates
Mls Name: GSMLS
Mls ID: #4007676