27A Melmore GdnsEast OrangeNJ07017
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Nearby investment properties with comparable prices
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
Investment property for sale in East Orange at 27A Melmore Gdns, East Orange, NJ, 07017 at $345,999 posts ROI 21.1% with $114/mo cash flow from $2,580/mo rent. Total monthly income equals $2,580/mo, and annual cash flow records $1,371/yr on $114,699 to close. Return on cash invested measures 21.1% and rental yield reads 8.95% at the current $345,999. Equity gained on principal adds $2,233/yr, and 5% annual appreciation supports $95,593 by year five. Five-year ROI prints 110.51% and total cumulative return in cash totals $126,750.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,580/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Shantell Lucas • New and Modern Group
Mls Name: NJMLS
Mls Provider:
Mls ID: #25002269
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-02-18 13:08:37 PST Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.