70 S Munn Ave APT 602East 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 70 S Munn Ave APT 602, East Orange, NJ, 07018 earns $425/mo cash flow from $1,944/mo rent with a $1,043/mo payment. Total monthly income totals $1,944/mo, and annual cash flow totals $5,104/yr on $70,610 capital. ROI tracks 27.14% on current figures, and rental yield reads 10.95% at a $213,000 purchase. Equity gained on principal adds $1,374/yr, and 5% annual appreciation supports $58,848 over five years. Five-year ROI reaches 142.87% and total cumulative return in cash sums $100,881. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,944/mo property income instead of your personal income.
Condo
Built in N/A
N/A 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: Cynthia Goodman • Howard Hanna Rand Realty, Livingston
Mls Name: NJMLS
Mls ID: #25043748