401 White StWest orangeNJ07050
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 401 White St, West orange, NJ, 07050 offers a 6.27% rental yield on a $424,900 purchase with $2,220/mo rent. 02% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,392 over five years. Portfolio math shows five-year ROI at 67.15% and total cumulative return in cash at $94,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
3,484 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: Ashley Young • Redfin Corporation
Mls Name: GSMLS
Mls ID: #3979563