186 Park StEast OrangeNJ07017
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 East Orange at 186 Park St, East Orange, NJ, 07017 priced at $640,000 converts $3,284/mo rent into after a $3,132/mo obligation. Total monthly income equals $3,284/mo. Return on cash invested prints 10.79% in year one, and rental yield reads 6.16% against a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation compiles into $176,820 by year five. Five-year ROI reaches 55.88% and total cumulative return in cash sums $117,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,284/mo property income covering a $3,132/mo payment, not borrower’s personal income.
Multi Family
Built in 1930
2,613 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kisorys Castillo • Coldwell Banker Realty Fle
Mls Name: GSMLS
Mls Provider:
Mls ID: #3972553
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