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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 407-409 S 15th St, Newark, NJ, 07103 listed at $619,000 pairs $2,580/mo rent with a $3,030/mo payment. Total monthly income runs $2,580/mo. Return on cash invested measures 9.26% in year one, and rental yield registers 5% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 46.96% and total cumulative return in cash totals $95,641. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,580/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07103, Newark, NJ area.
| 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 |
Residential
11,815
Single Family
7,659
Multi-Family
4,156
Businesses
947
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Zalman Pavel • eRealty Advisors, Inc.
Mls Name: NJMLS
Mls ID: #25037537
