




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 648 S 11Th St, Newark, NJ, 07103 earns from $2,792/mo rent with a $2,153/mo payment. Total monthly income totals $2,792/mo. ROI tracks 17.08% on current figures, and rental yield reads 7.62% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 88.93% and total cumulative return in cash sums $129,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,792/mo property income instead of your personal income.
Multi Family
Built in 1934
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07103, Newark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,635 (100%) |
| Owner Occupied HU | 2,562 (16.4%) |
| Renter Occupied HU | 11,462 (73.3%) |
| Vacant Housing Units | 1,611 (10.3%) |
| Median Home Value | $343,782 |
| Average Home Value | $411,663 |
Residential
11,815
Single Family
7,659
Multi-Family
4,156
Businesses
947
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: Christina Calvo • Genstone Ii Llc.
Mls Name: GSMLS
Mls ID: #3977201