276 Prospect St UNIT HEast OrangeNJ07017
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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
Investment Highlights
Total monthly income runs $1,919/mo, and a $1,126/mo payment. Purchase price stands at $230,000, and rental yield measures 10.01% with $1,919/mo rent. Return on cash invested shows 11.24% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 62.38% and total cumulative return in cash records $47,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in N/A
1.18 Acres lot
$N/A/sqft
$830 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Gladys Gabriel • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3923289
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