637 Hunterdon StNewarkNJ07108
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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
Investment Highlights
Investment property for sale in Newark at 637 Hunterdon St, Newark, NJ, 07108 earns from $3,332/mo rent with a $3,932/mo payment. Total monthly income totals $3,332/mo. ROI tracks 9.19% on current figures, and rental yield reads 4.98% at a $803,300 purchase. Equity gained on principal adds $5,184/yr, and 5% annual appreciation supports $221,937 over five years. Five-year ROI reaches 46.56% and total cumulative return in cash sums $123,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,332/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07108, Newark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,489 (100%) |
| Owner Occupied HU | 1,712 (14.9%) |
| Renter Occupied HU | 8,769 (76.3%) |
| Vacant Housing Units | 1,008 ( 8.8%) |
| Median Home Value | $401,970 |
| Average Home Value | $431,478 |
Housing Distribution
Address Breakdown
Residential
8,969
Single Family
5,693
Multi-Family
3,276
Businesses
407
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A