45 Blackburne 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 45 Blackburne Ter, West Orange, NJ, 07052 offers a 6.28% rental yield on a $699,500 purchase with $3,661/mo rent. 15% in year one. Equity gained on principal adds $4,514/yr while 5% annual appreciation supports $193,259 over five years. Portfolio math shows five-year ROI at 67.8% and total cumulative return in cash at $156,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,661/mo property income against a $3,424/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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: Joseph Costello • Keller Williams Park Views
Mls Name: NJMLS
Mls ID: #25043149