56-60 Ferguson Street, Unit N3 BLDG 54 #N3NewarkNJ07105
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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 56-60 Ferguson Street, Unit N3 BLDG 54 #N3, Newark, NJ, 07105 listed at $339,900 pairs $3,018/mo rent with a $1,664/mo payment to leave $595/mo cash flow. Total monthly income runs $3,018/mo, and annual cash flow reaches $7,139/yr on $112,677 cash to close. Return on cash invested measures 26.24% in year one, and rental yield registers 10.65% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 138.04% and total cumulative return in cash totals $155,543. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,018/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
9,999 sqft lot
$N/A/sqft
No HOA
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Listed by: Fernando Amigon • Sky Realty Associates
Mls Name: GSMLS
Mls ID: #3999536