Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Newark at 376 Avon Ave UNIT 0, Newark, NJ, 07108 priced at $410,000 converts $2,580/mo rent into after a $2,007/mo obligation. Total monthly income equals $2,580/mo. Return on cash invested prints 16.88% in year one, and rental yield reads 7.55% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 87.87% and total cumulative return in cash sums $119,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,580/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Apartment
Built in 1950
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07108, Newark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,489 (100%) |
| Owner Occupied HU | 1,712 (14.9%) |
| Renter Occupied HU | 8,769 (76.3%) |
| Vacant Housing Units | 1,008 ( 8.8%) |
| Median Home Value | $401,970 |
| Average Home Value | $431,478 |
Residential
8,969
Single Family
5,693
Multi-Family
3,276
Businesses
407
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Listed for sale | $410,000 |
| 2025-02-07 | Listing removed | $489,000 |
| 2025-01-16 | Listed for sale | $489,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ami Yazmin Cruz • Exp Realty, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3960669
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
