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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 570 Summer Ave, Newark, NJ, 07104 listed at $399,999 pairs $2,757/mo rent with a $1,958/mo payment. Total monthly income runs $2,757/mo. Return on cash invested measures 19.06% in year one, and rental yield registers 8.27% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 99.5% and total cumulative return in cash totals $131,931. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,757/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1865
3,484 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: Ivannia Ugalde • Keller Williams Team Realty
Mls Name: GSMLS
Mls ID: #3995063
