88 Saint Francis St #1B,Newark,NJ,07105

Investment Highlights

Investment property for sale in Newark at 88 Saint Francis St #1B, Newark, NJ, 07105 offers a 9.92% rental yield on a $365,000 purchase with $3,018/mo rent. Total monthly income registers $3,018/mo, and a $1,786/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,002/yr on $120,998 to close, and return on cash invested stands at 24.04% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 126.24% and total cumulative return in cash at $152,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,018/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.