








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $2,640/mo, and a $3,916/mo payment. Purchase price stands at $799,999, and rental yield measures 3.96% with $2,640/mo rent. Return on cash invested shows 6.1% in year one, and 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 29.98% and total cumulative return in cash records $78,919. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $3,916/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07106, Newark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,911 (100%) |
| Owner Occupied HU | 3,797 (29.4%) |
| Renter Occupied HU | 8,106 (62.8%) |
| Vacant Housing Units | 1,008 ( 7.8%) |
| Median Home Value | $360,258 |
| Average Home Value | $488,069 |
Residential
10,380
Single Family
6,306
Multi-Family
4,074
Businesses
427
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Listed for sale | $799,999 |
| 2024-08-13 | Listing removed | $799,999 |
| 2024-08-13 | Listed for sale | $799,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Leslie Farrell • RE/MAX First Realty II
Mls Name: NJMLS
Mls Provider:
Mls ID: #24018888
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2024-10-16 11:23:35 PDT Source: New Jersey Multiple Listing, Inc. 2024 New Jersey Multiple Listing Service Inc. All rights reserved.