579 Main StNewportNJ08345
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 579 Main St, Newport, NJ, 08345 in Newport at $315,000, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $1,416/mo debt service; the core return is the 5%/yr price growth projected to add $87,029 over five years. Ziffy Mortgage's DSCR mortgage (0.00) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1920
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08345, Newport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 420 (100%) |
| Owner Occupied HU | 262 (62.4%) |
| Renter Occupied HU | 50 (11.9%) |
| Vacant Housing Units | 108 (25.7%) |
| Median Home Value | $195,238 |
| Average Home Value | $300,153 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 1920
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08345, Newport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 420 (100%) |
| Owner Occupied HU | 262 (62.4%) |
| Renter Occupied HU | 50 (11.9%) |
| Vacant Housing Units | 108 (25.7%) |
| Median Home Value | $195,238 |
| Average Home Value | $300,153 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls Provider:
Mls ID: #NJCB2032512