167 College PlSouth OrangeNJ07079
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 South Orange at 167 College Pl, South Orange, NJ, 07079 earns from $3,472/mo rent with a $5,085/mo payment. Total monthly income totals $3,472/mo. ROI tracks 6.35% on current figures, and rental yield reads 4.01% at a $1,039,000 purchase. Equity gained on principal adds $6,705/yr, and 5% annual appreciation supports $287,057 over five years. Five-year ROI reaches 31.29% and total cumulative return in cash sums $105,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,472/mo property income instead of your personal income.
Single Family
Built in 1929
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07079, South Orange, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,962 (100%) |
| Owner Occupied HU | 4,124 (59.2%) |
| Renter Occupied HU | 2,404 (34.5%) |
| Vacant Housing Units | 434 ( 6.2%) |
| Median Home Value | $826,407 |
| Average Home Value | $847,887 |
Housing Distribution
Address Breakdown
Residential
6,435
Single Family
4,581
Multi-Family
1,854
Businesses
659
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Listed by: Patricia Gibson • Keller Williams Mid-Town Direct
Mls Name: GSMLS
Mls ID: #3998642