








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 Morris Plains at 10 Veterans Way, Morris Plains, NJ, 07950 earns from $4,006/mo rent with a $3,666/mo payment. Total monthly income totals $4,006/mo. ROI tracks 11.82% on current figures, and rental yield reads 6.42% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 61.3% and total cumulative return in cash sums $151,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,006/mo property income instead of your personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$360 monthly HOA
Neighborhood data shown for ZIP Code: 07950, Morris Plains, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,711 (100%) |
| Owner Occupied HU | 6,123 (70.3%) |
| Renter Occupied HU | 2,342 (26.9%) |
| Vacant Housing Units | 246 ( 2.8%) |
| Median Home Value | $634,438 |
| Average Home Value | $657,576 |
Residential
8,505
Single Family
7,757
Multi-Family
748
Businesses
511
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Price change | $749,000 |
| 2025-02-21 | Pending sale | $750,000 |
| 2025-02-20 | Listed for sale | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kevin Saum • Exp Realty, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3955837
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.