369 S 19th St, Newark, NJ, 07103 | $335/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

369 S 19th St, Newark, NJ, 07103 | $335/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

6 Bed
2 Bath
- sft

792 South 19th Street, Newark, NJ, 07103

8 Bed
3 Bath
19998 sft

732 S 15th St, Newark, NJ, 07103

6 Bed
3 Bath
- sft

773 South 17th Street, Newark, NJ, 07103

3 Bed
2 Bath
- sft

64 Linden Ave, Irvington, NJ, 07111

Nearby investment properties with comparable prices

2 Bed
1 Bath
868 sft

100 John T O Leary Blvd UNIT 427, South amboy, NJ, 08879

2 Bed
1 Bath
- sft

36D W Roselle Ave BLDG 36 #D, Roselle Park, NJ, 07204

2 Bed
1 Bath
- sft

37 Eton Way, Somerset, NJ, 08873

2 Bed
1 Bath
- sft

401 US Highway Rt 22, Plainfield, NJ, 07060

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Newark at 369 S 19th St, Newark, NJ, 07103 uses $104,423 cash to close to unlock $4,014/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $2,580/mo, and a $1,542/mo payment keeps the spread at $335/mo. Purchase price stands at $315,000, and rental yield measures 9.83% with $2,580/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash records $130,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,580/mo property income covering a $1,542/mo payment rather than investor’s personal income.

Multi Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Charming 3-family home located on South 19th Street in Newark, NJ, presents an incredible opportunity for an investor or homeowner with a vision. While the property does require some updating, it offers solid bones and immense potential in a vibrant and growing neighborhood. The first and second floors each feature 5 rooms, 2 bedrooms, and 1 full bath, offering plenty of space for comfortable living. The third floor is similarly configured, with 4 rooms, 2 bedrooms, and 1 full bath, providing flexibility for a variety of living arrangements or rental opportunities. The property also boasts a quaint backyard, perfect for outdoor enjoyment, and while there is street parking available, it adds to the home's urban charm. Situated in a prime location in South Newark, this home is minutes from major highways like Route 21 and the Garden State Parkway, offering easy access to surrounding areas, including downtown Newark and New York City. Public transportation options, including a short walk to the Newark Light Rail, make commuting a breeze. The area is also home to Weequahic Park, a lovely green space with walking trails, a lake, and sports facilities, as well as a variety of schools, community centers, and local shops and restaurants. While the property needs some vision, it's the perfect blank slate for those looking to invest in a prime Newark location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07103, Newark, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,635 (100%)
Owner Occupied HU	2,562 (16.4%)
Renter Occupied HU	11,462 (73.3%)
Vacant Housing Units	1,611 (10.3%)
Median Home Value	$343,782
Average Home Value	$411,663