321 N Grove St, East Orange, NJ, 07017 | 7.28% Rental Yield

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

Rental property for sale in East Orange at 321 N Grove St, East Orange, NJ, 07017 priced at $520,000 pairs $3,155/mo rent with after a $2,545/mo payment. Total monthly income equals $3,155/mo. Return on cash invested is 16.19% in year one, and rental yield stands at 7.28% on a $520,000 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,666 by year five. Five-year ROI measures 84.12% and total cumulative return in cash reaches $143,915. For financing, Ziffy Mortgage’s DSCR program evaluates $3,155/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1925

4,356 sqft lot

$N/A/sqft

No HOA