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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% |
Rental property for sale in Newark at 43 Howard Court UNIT 904, Newark, NJ, 07103 generates $2,644/mo in rent, after a $1,591/mo payment. Total monthly income is $2,644/mo. Return on cash invested sits at 19.65% in year one, and rental yield is 9.76% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 104.15% and total cumulative return in cash sums $112,213. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,644/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$350 monthly 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 |
|---|---|---|
| 2025-04-29 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bradley Hoff • Weichert Realtors-Old Bridge
Mls Name: MOMLS
Mls Provider:
Mls ID: #22512263
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
