118 N Grove StEast OrangeNJ07017
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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 East Orange at 118 N Grove St, East Orange, NJ, 07017 at $899,900 posts ROI 6.88% with from $3,162/mo rent. Total monthly income equals $3,162/mo. Return on cash invested measures 6.88% and rental yield reads 4.22% at the current $899,900. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 by year five. Five-year ROI prints 34.17% and total cumulative return in cash totals $101,164. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,162/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Erica Campbell • Exit Platinum Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3960699
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