193 Hoffman Blvd, East Orange, NJ, 07017 | 7.85% Rental Yield

For Sale

Listed for sale 7 days ago

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

Rental property for sale in East Orange at 193 Hoffman Blvd, East Orange, NJ, 07017 priced at $580,000 pairs $3,796/mo rent with after a $2,839/mo payment. Total monthly income equals $3,796/mo. Return on cash invested is 17.93% in year one, and rental yield stands at 7.85% on a $580,000 basis. Equity gained on principal adds $3,743/yr, and 5% annual appreciation accumulates to $160,243 by year five. Five-year ROI measures 93.45% and total cumulative return in cash reaches $178,329. For financing, Ziffy Mortgage’s DSCR program evaluates $3,796/mo property income against a $2,839/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1925

3,301 sqft lot

$N/A/sqft

No HOA