495 S Clinton St #2East OrangeNJ07018
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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 East Orange at 495 S Clinton St #2, East Orange, NJ, 07018 earns from $1,760/mo rent with a $3,254/mo payment. Total monthly income totals $1,760/mo. ROI tracks 3.72% on current figures, and rental yield reads 3.18% at a $664,900 purchase. Equity gained on principal adds $4,290/yr, and 5% annual appreciation supports $183,700 over five years. Five-year ROI reaches 17.25% and total cumulative return in cash sums $37,728. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,760/mo property income instead of your personal income.
Multi Family
Built in 1955
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07018, East Orange, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,771 (100%) |
| Owner Occupied HU | 2,778 (20.2%) |
| Renter Occupied HU | 9,825 (71.3%) |
| Vacant Housing Units | 1,168 ( 8.5%) |
| Median Home Value | $342,735 |
| Average Home Value | $398,767 |
Housing Distribution
Address Breakdown
Residential
12,666
Single Family
5,230
Multi-Family
7,436
Businesses
723
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Listed by: Jorge Casalins • Real
Mls Name: GSMLS
Mls ID: #4000033