21 Glen RdWest OrangeNJ07052
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 West Orange at 21 Glen Rd, West Orange, NJ, 07052 earns $1,054/mo cash flow from $6,222/mo rent with a $3,549/mo payment. Total monthly income totals $6,222/mo, and annual cash flow totals $12,646/yr on $238,525 capital. ROI tracks 25.36% on current figures, and rental yield reads 10.3% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 133.29% and total cumulative return in cash sums $317,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,222/mo property income instead of your personal income.
Single Family
Built in 1933
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07052, West Orange, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,032
Single Family
15,941
Multi-Family
2,091
Businesses
1,496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caroline Farnsworth • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3994039