60 Parkway Dr #10GEast 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
Investment property for sale in East Orange at 60 Parkway Dr #10G, East Orange, NJ, 07017 earns from $1,523/mo rent with a $1,052/mo payment. Total monthly income totals $1,523/mo. ROI tracks 19.75% on current figures, and rental yield reads 8.5% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 103.25% and total cumulative return in cash sums $73,585. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,523/mo property income instead of your personal income.
Condo
Built in 1962
435.60 sqft lot
$N/A/sqft
No HOA
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Listed by: Deneah J. Gaston • Lifestyle International Realty
Mls Name: GSMLS
Mls ID: #4002660