12 Davey DrWest 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
Rental property for sale in West Orange at 12 Davey Dr, West Orange, NJ, 07052 generates $5,482/mo in rent and, after a $3,313/mo payment, leaves $461/mo in cash flow. Total monthly income is $5,482/mo, and annual cash flow is $5,538/yr on $222,708 invested. Return on cash invested sits at 22.55% in year one, and rental yield is 9.72% on a $676,925 entry. Equity gained on principal adds $4,368/yr, while 5% annual appreciation builds toward $187,022 over five years. Five-year ROI reaches 118.58% and total cumulative return in cash sums $264,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,482/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A 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: VALERIA RIVERA • KELLER WILLIAMS CITY LIFE REALTY
Mls Name: HCMLS
Mls ID: #250011990
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.