8 Salem Ave, Newfield, NJ, 08344 | $596/mo Cash Flow

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newfield at 8 Salem Ave, Newfield, NJ, 08344 uses $132,434 cash to close to unlock $7,149/yr annual cash flow and $596/mo monthly cash flow. Total monthly income runs $3,443/mo, and a $1,955/mo payment keeps the spread at $596/mo. Purchase price stands at $399,500, and rental yield measures 10.34% with $3,443/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $110,374 over five years. Five-year ROI reaches 133.02% and total cumulative return in cash records $176,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,443/mo property income covering a $1,955/mo payment rather than investor’s personal income.

Single Family

Built in 2025

9,088 sqft lot

$N/A/sqft

No HOA