343-345 Hawthorne AveNewarkNJ07112
Nearby investment properties with comparable rents
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 343-345 Hawthorne Ave, Newark, NJ, 07112 earns from $3,197/mo rent with a $3,915/mo payment. Total monthly income totals $3,197/mo. ROI tracks 8.64% on current figures, and rental yield reads 4.8% at a $799,900 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $220,998 over five years. Five-year ROI reaches 43.63% and total cumulative return in cash sums $114,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,197/mo property income instead of your personal income.
Multi Family
Built in 2006
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07112, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,847 (100%) |
| Owner Occupied HU | 2,768 (23.4%) |
| Renter Occupied HU | 8,072 (68.1%) |
| Vacant Housing Units | 1,007 ( 8.5%) |
| Median Home Value | $363,598 |
| Average Home Value | $433,572 |
Housing Distribution
Address Breakdown
Residential
9,155
Single Family
5,526
Multi-Family
3,629
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rosa Amelia Howard • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3985630