368 Elm St, Newark, NJ, 07105 | 4.73% Rental Yield

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newark at 368 Elm St, Newark, NJ, 07105 earns from $3,054/mo rent with a $3,793/mo payment. Total monthly income totals $3,054/mo. ROI tracks 8.44% on current figures, and rental yield reads 4.73% at a $774,900 purchase. Equity gained on principal adds $5,000/yr, and 5% annual appreciation supports $214,091 over five years. Five-year ROI reaches 42.54% and total cumulative return in cash sums $108,443. 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

2,178 sqft lot

$N/A/sqft

No HOA