22-24 Kensington Pl, East Orange, NJ, 07017 | $2,428/mo Cash Flow

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 22-24 Kensington Pl, East Orange, NJ, 07017 offers a 13.41% rental yield on a $599,900 purchase with $6,704/mo rent. Total monthly income registers $6,704/mo, and a $2,936/mo payment leaves $2,428/mo available for distribution. Annual cash flow reaches $29,139/yr on $197,367 to close, and return on cash invested stands at 34.82% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 184.05% and total cumulative return in cash at $363,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,704/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1900

2,613 sqft lot

$N/A/sqft

No HOA