41-51 Wilson Ave #5KNewarkNJ07105
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.60 makes 41-51 Wilson Ave #5K, Newark, NJ, 07105 in Newark one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.65%. The 8.65% yield, 5% annual appreciation ($76,226 over five years), and $2,541/yr in principal reduction project a total cumulative return of $89,170.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.2% |
| Monthly Cash Flow | $(278) | $1,250 |
City averages based on Newark market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,989 |
| Total Monthly Debt Service | $2,157 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in N/A
N/A lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Augusto Verissimo • Weichert Home City Realty
Mls Name: NJMLS
Mls Provider:
Mls ID: #26007206
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