411-419 Chestnut St #2D, Newark City, NJ, 07105 | $815/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newark City at 411-419 Chestnut St #2D, Newark City, NJ, 07105 uses $99,119 cash to close to unlock $9,783/yr annual cash flow and $815/mo monthly cash flow. Total monthly income runs $2,946/mo, and a $1,463/mo payment keeps the spread at $815/mo. Purchase price stands at $299,000, and rental yield measures 11.82% with $2,946/mo rent. Return on cash invested shows 29.78% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 157.03% and total cumulative return in cash records $155,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $1,463/mo payment rather than investor’s personal income.

Condo

Built in 2008

871.20 sqft lot

$N/A/sqft

No HOA