627 Thomas Blvd, East Orange, NJ, 07017 | 8.04% Rental Yield

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627 Thomas Blvd, East Orange, NJ, 07017 | 8.04% Rental Yield | Ziffy

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 627 Thomas Blvd, East Orange, NJ, 07017 offers $6,704/mo rent that, after a $4,895/mo payment. Total monthly income is $6,704/mo. Return on cash invested measures 18.52% in year one, and rental yield stands at 8.04% at a $999,999 entry. Equity gained on principal adds $6,453/yr while 5% annual appreciation compounds into $276,281 by year five. Five-year ROI records 96.58% and total cumulative return in cash reaches $317,739. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,704/mo property income versus a $4,895/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover your dream home at Thomas Blvd Estates 1, a stunning new two-family house in a quiet residential neighborhood near Glen Ridge and Montclair. This exceptional property features 7 bedrooms, 6 full bathrooms, and 1 half bathroom, with a total of 4,126 sq ft of living space, ideal for home owner occupancy or investment opportunities. The lower unit includes three bedrooms, each with a full bathroom, plus a spacious rec room and a half bathroom, perfect for guest in-suite. The kitchen boasts a quartz island, pantry, and a dedicated laundry room. The second floor mirrors the lower unit with three additional bedrooms and three bathrooms, featuring designer media and accent walls, along with faux electrical fireplaces for added charm in both units. Enjoy a large backyard, a garage with one parking spot, and two additional driveway spaces. This property is perfect for renters or investors and comes with a ten-year warranty for peace of mind. Don't miss your chance to make this beautiful home your own. Property will be completed very soon, Don't miss out on your opportunity to own prime real estate! Schedule your private viewing today!