237 Ivy CtOrangeNJ07050
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
Total monthly income runs $3,486/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 7.03% with $3,486/mo rent. Return on cash invested shows 15.43% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 80.06% and total cumulative return in cash records $156,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,486/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1911
5,662 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: Shawn Wilkins • United Real Estate
Mls Name: GSMLS
Mls ID: #3996467