90 Newton Sparta RdNewtonNJ07860
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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 Newton at 90 Newton Sparta Rd, Newton, NJ, 07860 with 5% annual appreciation on a $399,999 basis while $3,262/mo rent supports operations. Total monthly income totals $3,262/mo and a $1,958/mo payment preserves $411/mo for cash returns. Annual cash flow comes to $4,928/yr on $132,600 deployed, and return on cash invested reaches 23.63% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,512 alongside rental yield of 9.79%. Five-year ROI measures 124% and total cumulative return in cash totals $164,427.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,262/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07860, Newton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,522 (100%) |
| Owner Occupied HU | 7,842 (68.1%) |
| Renter Occupied HU | 2,585 (22.4%) |
| Vacant Housing Units | 1,095 ( 9.5%) |
| Median Home Value | $417,121 |
| Average Home Value | $473,838 |
Housing Distribution
Address Breakdown
Residential
10,469
Single Family
9,799
Multi-Family
670
Businesses
829
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Listed by: David Simonetti • Elite Realtors Of New Jersey
Mls Name: GSMLS
Mls ID: #4002075