10 Glennon PlWest OrangeNJ07052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Orange at 10 Glennon Pl, West Orange, NJ, 07052 uses $246,750 cash to close to unlock $28,008/yr annual cash flow and $2,334/mo monthly cash flow. Total monthly income runs $7,680/mo, and a $3,671/mo payment keeps the spread at $2,334/mo. Purchase price stands at $750,000, and rental yield measures 12.29% with $7,680/mo rent. Return on cash invested shows 31.41% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 165.72% and total cumulative return in cash records $408,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,680/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Multi Family
Built in 1925
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07052, West Orange, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,309 (100%) |
| Owner Occupied HU | 12,541 (64.9%) |
| Renter Occupied HU | 5,679 (29.4%) |
| Vacant Housing Units | 1,089 ( 5.6%) |
| Median Home Value | $594,614 |
| Average Home Value | $648,146 |
Housing Distribution
Address Breakdown
Residential
18,032
Single Family
15,941
Multi-Family
2,091
Businesses
1,496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy M Williams • Bhhs Fox & Roach
Mls Name: GSMLS
Mls ID: #4005241