205 Snyder StOrangeNJ07050
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
Rental property for sale in Orange at 205 Snyder St, Orange, NJ, 07050 generates $3,569/mo in rent and, after a $2,203/mo payment, leaves $361/mo in cash flow. Total monthly income is $3,569/mo, and annual cash flow is $4,332/yr on $149,175 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 9.52% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 119.64% and total cumulative return in cash sums $178,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,569/mo property income rather than buyer’s personal income.
Multi Family
Built in 1906
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan T. Jeffer • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #3984271