60 Parkway Dr #6G,East Orange,NJ,07017

Investment Highlights

Rental property for sale in East Orange at 60 Parkway Dr #6G, East Orange, NJ, 07017 generates $1,919/mo in rent and, after a $974/mo payment, leaves $501/mo in cash flow. Total monthly income is $1,919/mo, and annual cash flow is $6,007/yr on $65,969 invested. Return on cash invested sits at 29.01% in year one, and rental yield is 11.57% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 152.94% and total cumulative return in cash sums $100,890. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.