49-51 Lyons AveNewarkNJ07112
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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
Investment Highlights
Investment property for sale in Newark at 49-51 Lyons Ave, Newark, NJ, 07112 offers a 10.19% rental yield on a $450,000 purchase with $3,820/mo rent. Total monthly income registers $3,820/mo, and a $2,203/mo payment leaves $612/mo available for distribution. Annual cash flow reaches $7,344/yr on $149,175 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 130.47% and total cumulative return in cash at $194,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,820/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07112, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,847 (100%) |
| Owner Occupied HU | 2,768 (23.4%) |
| Renter Occupied HU | 8,072 (68.1%) |
| Vacant Housing Units | 1,007 ( 8.5%) |
| Median Home Value | $363,598 |
| Average Home Value | $433,572 |
Housing Distribution
Address Breakdown
Residential
9,155
Single Family
5,526
Multi-Family
3,629
Businesses
414
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Listed by: Brendan Dasilva • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #4008124