58 Van Buren StNewarkNJ07105
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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 58 Van Buren St, Newark, NJ, 07105 offers a 7.46% rental yield on a $599,000 purchase with $3,726/mo rent. 75% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 87.12% and total cumulative return in cash at $171,682. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,726/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Michael Martinetti • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #4005998