85 Marrow StNewarkNJ07103
INVESTMENT ANALYSIS
Investment Verdict
Solid Income85 Marrow St, Newark, NJ, 07103 in Newark carries a 1.73 coverage ratio, rent of $2,644/mo is 1.73 times the $1,529/mo payment. Rental yield 9.33%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $339,999 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $93,935; total projected cumulative return: $126,503.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.2% |
| Monthly Cash Flow | $(80) | $1,250 |
City averages based on Newark market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,644 |
| Total Monthly Debt Service | $2,588 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1995
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07103, Newark, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,815
Single Family
7,659
Multi-Family
4,156
Businesses
947
Nearby investment properties with comparable rents
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
Condo
Built in 1995
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07103, Newark, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,815
Single Family
7,659
Multi-Family
4,156
Businesses
947
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Peters • Jeanius Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3952261
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