608 Springdale Ave, East Orange, NJ, 07017 | 7.21% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
486 sft

8800 Bay Pkwy #6A, Brooklyn, NY, 11214

- Bed
1 Bath
- sft

400 E 52nd St APT 4B, New York, NY, 10022

- Bed
1 Bath
500 sft

13105 40th Road #11T, Flushing, NY, 11354

2 Bed
2 Bath
1344 sft

327 Willow Road E, Staten Island, NY, 10314

Nearby investment properties with comparable prices

1 Bed
1 Bath
- sft

575 Park Ave APT 1105, New York, NY, 10065

2 Bed
2 Bath
- sft

140 Alexandria Way, Basking Ridge, NJ, 07920

2 Bed
2 Bath
1200 sft

629 Kappock St APT 5B, Bronx, NY, 10463

1 Bed
1 Bath
815 sft

9060 Palisade Ave APT 710, North Bergen, NJ, 07047

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in East Orange at 608 Springdale Ave, East Orange, NJ, 07017 priced at $470,000 pairs $2,824/mo rent with after a $2,300/mo payment. Total monthly income equals $2,824/mo. Return on cash invested is 15.86% in year one, and rental yield stands at 7.21% on a $470,000 basis. Equity gained on principal adds $3,033/yr, and 5% annual appreciation accumulates to $129,852 by year five. Five-year ROI measures 82.38% and total cumulative return in cash reaches $128,349. For financing, Ziffy Mortgage’s DSCR program evaluates $2,824/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1920

8,276 sqft lot

$N/A/sqft

No HOA