276 Prospect St, East Orange, NJ, 07017 | $65/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 276 Prospect St, East Orange, NJ, 07017 uses $52,046 cash to close to unlock $784/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $1,184/mo, and a $768/mo payment keeps the spread at $65/mo. Purchase price stands at $157,000, and rental yield measures 9.05% with $1,184/mo rent. Return on cash invested shows 21.42% in year one, and 5% annual appreciation builds toward $43,376 over five years. Five-year ROI reaches 112.21% and total cumulative return in cash records $58,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,184/mo property income covering a $768/mo payment rather than investor’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA