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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Vernon at 1 Arnold Palmer Ct UNIT 1, Vernon, NJ, 07462 at $315,000 posts ROI 18.93% with from $2,520/mo rent. Total monthly income equals $2,520/mo. Return on cash invested measures 18.93% and rental yield reads 9.6% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 100.32% and total cumulative return in cash totals $104,753. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,520/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$360 monthly HOA
Neighborhood data shown for ZIP Code: 07462, Vernon, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,484 (100%) |
| Owner Occupied HU | 2,256 (64.8%) |
| Renter Occupied HU | 731 (21.0%) |
| Vacant Housing Units | 497 (14.3%) |
| Median Home Value | $321,231 |
| Average Home Value | $329,901 |
Residential
2,973
Single Family
2,973
Multi-Family
0
Businesses
286
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $315,000 |
| 2020-04-15 | Sold | $162,000 |
| 2019-05-04 | Listing removed | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rachel Milito • Star Real Estate Agency LLC
Mls Name: NJMLS
Mls Provider:
Mls ID: #25011829
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-04-14 08:07:31 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
