41-51 Wilson Ave UNIT B6NewarkNJ07105
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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
Investment Highlights
Investment property for sale in Newark at 41-51 Wilson Ave UNIT B6, Newark, NJ, 07105 offers a 9.02% rental yield on a $375,000 purchase with $2,819/mo rent. 98% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 89.95% and total cumulative return in cash at $111,819. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,819/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
3.84 Acres lot
$N/A/sqft
$450 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Mario Seca • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3908990
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