15 Vernon Pl, East Orange, NJ, 07017 | $380/mo Cash Flow

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
- sft

60 Sutton Pl S #5AN, New York, NY, 10022

3 Bed
2 Bath
1614 sft

67-118 Dartmouth St, Forest Hills, NY, 11375

1 Bed
1 Bath
685 sft

379 Ocean Pkwy APT 2C, Brooklyn, NY, 11218

3 Bed
1 Bath
- sft

311 Pine St, Pompton Lakes, NJ, 07442

Nearby investment properties with comparable prices

2 Bed
1 Bath
1000 sft

65-15 Alderton St APT 5C, Rego Park, NY, 11374

4 Bed
2 Bath
982 sft

682 Leone St, Woodbridge, NJ, 07095

4 Bed
2 Bath
- sft

670 W Hazelwood Ave, Rahway, NJ, 07065

4 Bed
2 Bath
- sft

10 Sheffield Way, Clark, NJ, 07066

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in East Orange at 15 Vernon Pl, East Orange, NJ, 07017 priced at $599,999 pairs $4,657/mo rent with $380/mo cash flow after a $2,937/mo payment. Total monthly income equals $4,657/mo, and annual cash flow comes to $4,560/yr on $197,400 invested. Return on cash invested is 22.37% in year one, and rental yield stands at 9.31% on a $599,999 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 117.24% and total cumulative return in cash reaches $231,431. For financing, Ziffy Mortgage’s DSCR program evaluates $4,657/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1930

8,276 sqft lot

$N/A/sqft

No HOA