106 Summit St, East Orange, NJ, 07017 | 5.82% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in East Orange at 106 Summit St, East Orange, NJ, 07017 listed at $614,950 pairs $2,983/mo rent with a $3,010/mo payment. Total monthly income runs $2,983/mo. Return on cash invested measures 11.75% in year one, and rental yield registers 5.82% at a $614,950 basis. Equity gained on principal adds $3,968/yr, and annual property appreciation at 5% supports $169,899 by year five. Five-year ROI tracks 60.32% and total cumulative return in cash totals $122,029. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,983/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1940

4,552 sqft lot

$N/A/sqft

No HOA