18 S Stanley RdSouth OrangeNJ07079
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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
Rental property for sale in South Orange at 18 S Stanley Rd, South Orange, NJ, 07079 generates $3,121/mo in rent, after a $2,976/mo payment. Total monthly income is $3,121/mo. Return on cash invested sits at 12.78% in year one, and rental yield is 6.16% on a $608,000 entry. Equity gained on principal adds $3,923/yr, while 5% annual appreciation builds toward $167,979 over five years. Five-year ROI reaches 65.85% and total cumulative return in cash sums $131,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,121/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
8,276 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: Neven Lee Spralja • Realhome Services & Solutions Inc
Mls Name: GSMLS
Mls ID: #3997183