276 Prospect Street, Unit 5C BLDG 276 #5C,East Orange,NJ,07017

Investment Highlights

Rental property for sale in East Orange at 276 Prospect Street, Unit 5C BLDG 276 #5C, East Orange, NJ, 07017 generates $1,168/mo in rent and, after a $734/mo payment, leaves $99/mo in cash flow. Total monthly income is $1,168/mo, and annual cash flow is $1,188/yr on $49,725 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 9.34% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 116.86% and total cumulative return in cash sums $58,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,168/mo property income rather than buyer’s personal income.