88 Saint Francis St APT 3FNewarkNJ07105
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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
Rental property for sale in Newark at 88 Saint Francis St APT 3F, Newark, NJ, 07105 generates $3,118/mo in rent and, after a $1,811/mo payment, leaves $198/mo in cash flow. Total monthly income is $3,118/mo, and annual cash flow is $2,372/yr on $122,655 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 10.11% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 115.45% and total cumulative return in cash sums $141,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,118/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$283 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Antonella Dininno • The Agency Rutherford Realty Inc.
Mls Name: NJMLS
Mls Provider:
Mls ID: #25023456
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-10-14 03:22:53 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.