85 Lang 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 85 Lang St, Newark, NJ, 07105 with 5% annual appreciation on a $449,999 basis while $3,372/mo rent supports operations. Total monthly income totals $3,372/mo and a $2,203/mo payment preserves $164/mo for cash returns. Annual cash flow comes to $1,968/yr on $149,175 deployed, and return on cash invested reaches 21.23% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,326 alongside rental yield of 8.99%. Five-year ROI measures 111.14% and total cumulative return in cash totals $165,785.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,372/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1897
2,178 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: John Bernardo • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3980691