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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% |
Investment property for sale in Newark at 57 Broadway #0, Newark, NJ, 07104 at $525,000 posts ROI 10.69% with from $2,394/mo rent. Total monthly income equals $2,394/mo. Return on cash invested measures 10.69% and rental yield reads 5.47% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 54.63% and total cumulative return in cash totals $94,365. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Apartment
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07104, Newark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,503 (100%) |
| Owner Occupied HU | 3,939 (18.3%) |
| Renter Occupied HU | 16,603 (77.2%) |
| Vacant Housing Units | 961 ( 4.5%) |
| Median Home Value | $446,782 |
| Average Home Value | $539,320 |
Residential
18,051
Single Family
8,845
Multi-Family
9,206
Businesses
1,010
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Luis Davila • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3983670
