88 Saint Francis St APT 3B,Newark,NJ,07105

Investment Highlights

Investment property for sale in Newark at 88 Saint Francis St APT 3B, Newark, NJ, 07105 offers a 8.94% rental yield on a $404,900 purchase with $3,018/mo rent. Total monthly income registers $3,018/mo, and a $1,982/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,581/yr on $134,224 to close, and return on cash invested stands at 21.09% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,866 over five years. Portfolio math shows five-year ROI at 110.39% and total cumulative return in cash at $148,170. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,018/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.