669 Scotland RdOrangeNJ07050
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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
Rental property for sale in Orange at 669 Scotland Rd, Orange, NJ, 07050 priced at $450,000 pairs $3,529/mo rent with $321/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,529/mo, and annual cash flow comes to $3,852/yr on $149,175 invested. Return on cash invested is 22.49% in year one, and rental yield stands at 9.41% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 117.92% and total cumulative return in cash reaches $175,902. For financing, Ziffy Mortgage’s DSCR program evaluates $3,529/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
N/A 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
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Listed by: Olga Caceres • Century 21 Preferred Realty, Union
Mls Name: NJMLS
Mls ID: #26001686