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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newark at 363-377 Prospect St #8C, Newark, NJ, 07105 listed at $397,500 pairs $3,018/mo rent with a $1,946/mo payment. Total monthly income runs $3,018/mo. Return on cash invested measures 15.71% in year one, and rental yield registers 9.11% at a $397,500 basis. Equity gained on principal adds $2,565/yr, and annual property appreciation at 5% supports $109,822 by year five. Five-year ROI tracks 83.73% and total cumulative return in cash totals $110,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,018/mo property income relative to a $1,946/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$645 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $397,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: James Hughes • Keller Williams Realty - NJ Metro Group
Mls Name: NJMLS
Mls Provider:
Mls ID: #25008053
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-03-14 07:17:29 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
