146 Spring StOrangeNJ07050
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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 Orange at 146 Spring St, Orange, NJ, 07050 with 5% annual appreciation on a $449,900 basis while $4,031/mo rent supports operations. Total monthly income totals $4,031/mo and a $2,202/mo payment preserves $824/mo for cash returns. Annual cash flow comes to $9,891/yr on $149,142 deployed, and return on cash invested reaches 26.54% in year one. Equity gained on principal adds $2,903/yr, and five-year appreciation sums $124,299 alongside rental yield of 10.75%. Five-year ROI measures 139.65% and total cumulative return in cash totals $208,282.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,031/mo property income versus a $2,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1884
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07050, Orange, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,382 (100%) |
| Owner Occupied HU | 3,215 (22.4%) |
| Renter Occupied HU | 10,073 (70.0%) |
| Vacant Housing Units | 1,094 ( 7.6%) |
| Median Home Value | $391,935 |
| Average Home Value | $497,526 |
Housing Distribution
Address Breakdown
Residential
12,254
Single Family
7,156
Multi-Family
5,098
Businesses
833
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Listed by: Carlos Salazar Jr • Coldwell Banker Realty Fle
Mls Name: GSMLS
Mls ID: #4005514