271 Mount Vernon AveOrangeNJ07050
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 Orange at 271 Mount Vernon Ave, Orange, NJ, 07050 at $510,000 posts ROI 22.15% with $292/mo cash flow from $3,927/mo rent. Total monthly income equals $3,927/mo, and annual cash flow records $3,504/yr on $167,790 to close. Return on cash invested measures 22.15% and rental yield reads 9.24% at the current $510,000. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 by year five. Five-year ROI prints 116.05% and total cumulative return in cash totals $194,715.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,927/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1889
4,791 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: Ronnie Glomb • Your Town Realty
Mls Name: GSMLS
Mls ID: #4000904