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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newark at 96 S Devine St, Newark, NJ, 07106 with 5% annual appreciation on a $799,995 basis while $2,640/mo rent supports operations. 1% in year one. Equity gained on principal adds $5,162/yr, and five-year appreciation sums $221,024 alongside rental yield of 3.96%. Five-year ROI measures 29.98% and total cumulative return in cash totals $78,918. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $3,916/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07106, Newark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,911 (100%) |
| Owner Occupied HU | 3,797 (29.4%) |
| Renter Occupied HU | 8,106 (62.8%) |
| Vacant Housing Units | 1,008 ( 7.8%) |
| Median Home Value | $360,258 |
| Average Home Value | $488,069 |
Residential
10,380
Single Family
6,306
Multi-Family
4,074
Businesses
427
Date | Event | Price |
|---|---|---|
| 2025-02-14 | Listed for sale | $799,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Darrell Bailey • EXP Realty, LLC
Mls Name: NJMLS
Mls Provider:
Mls ID: #25004820
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: 2025-02-19 00:09:47 PST Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
