27 Cleveland TerWest OrangeNJ07052
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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 27 Cleveland Ter, West Orange, NJ, 07052 at $650,000 posts ROI 27.98% with $1,411/mo cash flow from $6,044/mo rent. Total monthly income equals $6,044/mo, and annual cash flow records $16,936/yr on $213,850 to close. Return on cash invested measures 27.98% and rental yield reads 11.16% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 147.34% and total cumulative return in cash totals $315,086.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,044/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.27 Acres 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
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Listed by: Romy Baron-cohen • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #4004931