917 Main StNewtonNJ07860
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
Investment Highlights
Rental property for sale in Newton at 917 Main St, Newton, NJ, 07860 priced at $481,500 pairs $3,980/mo rent with $548/mo cash flow after a $2,357/mo payment. Total monthly income equals $3,980/mo, and annual cash flow comes to $6,572/yr on $159,617 invested. Return on cash invested is 24.03% in year one, and rental yield stands at 9.92% on a $481,500 basis. Equity gained on principal adds $3,107/yr, and 5% annual appreciation accumulates to $133,030 by year five. Five-year ROI measures 126.15% and total cumulative return in cash reaches $201,356. For financing, Ziffy Mortgage’s DSCR program evaluates $3,980/mo property income against a $2,357/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1935
0.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lilya Moroses • Bhgre Green Team
Mls Name: GSMLS
Mls Provider:
Mls ID: #3961733
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.