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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, West Orange, NJ, 07052 at $685,000 posts ROI 28.1% with $1,509/mo cash flow from $6,392/mo rent. Total monthly income equals $6,392/mo, and annual cash flow records $18,110/yr on $225,365 to close. Return on cash invested measures 28.1% and rental yield reads 11.2% at the current $685,000. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 by year five. Five-year ROI prints 147.97% and total cumulative return in cash totals $333,466.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,392/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1992
0.30 Acres 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 Realty
Mls Name: GSMLS
Mls ID: #3995907
