103 Metzger DriveWest OrangeNJ07052
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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 West Orange at 103 Metzger Drive, West Orange, NJ, 07052 at $899,000 posts ROI 12.39% with from $4,517/mo rent. Total monthly income equals $4,517/mo. Return on cash invested measures 12.39% and rental yield reads 6.03% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 63.73% and total cumulative return in cash totals $188,494. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,517/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2009
291.85 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
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Listed by: Lisa Lang • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #4007553