29 Lenox TerWest OrangeNJ07052
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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 29 Lenox Ter, West Orange, NJ, 07052 listed at $345,400 pairs $5,106/mo rent with a $1,691/mo payment to leave $1,894/mo cash flow. Total monthly income runs $5,106/mo, and annual cash flow reaches $22,729/yr on $114,500 cash to close. Return on cash invested measures 39.76% in year one, and rental yield registers 17.74% at a $345,400 basis. Equity gained on principal adds $2,229/yr, and annual property appreciation at 5% supports $95,428 by year five. Five-year ROI tracks 213.41% and total cumulative return in cash totals $244,354. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,106/mo property income relative to a $1,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
8,276 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
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Listed by: N/A • N/A
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