112 E Vernon AveNorthfieldNJ08225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Northfield at 112 E Vernon Ave, Northfield, NJ, 08225 generates $2,644/mo in rent, after a $2,202/mo payment. Total monthly income is $2,644/mo. Return on cash invested sits at 15.38% in year one, and rental yield is 7.05% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 79.81% and total cumulative return in cash sums $119,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
7,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08225, Northfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,585 (100%) |
| Owner Occupied HU | 2,739 (76.4%) |
| Renter Occupied HU | 505 (14.1%) |
| Vacant Housing Units | 341 ( 9.5%) |
| Median Home Value | $381,876 |
| Average Home Value | $443,246 |
Housing Distribution
Address Breakdown
Residential
3,416
Single Family
3,416
Multi-Family
0
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Massimo Chirichiello • Signature Realty NJ, LLC
Mls Name: SJSRMLS
Mls ID: #603450