27 Melmore Gdns, East Orange, NJ, 07017 | 8.19% Rental Yield

For Sale

Fix & Flip

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 27 Melmore Gdns, East Orange, NJ, 07017 listed at $369,999 pairs $2,525/mo rent with a $1,811/mo payment. Total monthly income runs $2,525/mo. Return on cash invested measures 18.81% in year one, and rental yield registers 8.19% at a $369,999 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 98.18% and total cumulative return in cash totals $120,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,525/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1940

2,613 sqft lot

$N/A/sqft

No HOA