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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in West Orange at 2 Meyer Ct #1602, West Orange, NJ, 07052 listed at $685,000 pairs $3,240/mo rent with a $3,353/mo payment. Total monthly income runs $3,240/mo. Return on cash invested measures 11.31% in year one, and rental yield registers 5.68% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 57.96% and total cumulative return in cash totals $130,630. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,240/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07052, West Orange, NJ area.
| 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 |
Residential
18,032
Single Family
15,941
Multi-Family
2,091
Businesses
1,496
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ronika Bridges • Coldwell Banker, Metuchen
Mls Name: NJMLS
Mls ID: #25039218
