10 Alpine TrlVernonNJ07462
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- 3 Bed
- 1 Bath
- - sft
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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 Vernon at 10 Alpine Trl, Vernon, NJ, 07462 priced at $294,950 pairs $3,323/mo rent with $348/mo cash flow after a $1,444/mo payment. Total monthly income equals $3,323/mo, and annual cash flow comes to $4,175/yr on $97,776 invested. Return on cash invested is 24.18% in year one, and rental yield stands at 13.52% on a $294,950 basis. Equity gained on principal adds $1,903/yr, and 5% annual appreciation accumulates to $81,489 by year five. Five-year ROI measures 130.84% and total cumulative return in cash reaches $127,930. For financing, Ziffy Mortgage’s DSCR program evaluates $3,323/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.43 Acres lot
$N/A/sqft
$9,999 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07462, Vernon, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,973
Single Family
2,973
Multi-Family
0
Businesses
286
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Listed by: Anthony Nelson • Coldwell Banker Realty Rdg
Mls Name: GSMLS
Mls Provider:
Mls ID: #3923001
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