2 Attitash Dr UNIT 2VernonNJ07462
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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 2 Attitash Dr UNIT 2, Vernon, NJ, 07462 generates $2,896/mo in rent and, after a $1,126/mo payment, leaves $1,217/mo in cash flow. Total monthly income is $2,896/mo, and annual cash flow is $14,610/yr on $76,245 invested. Return on cash invested sits at 39.07% in year one, and rental yield is 15.11% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 207.07% and total cumulative return in cash sums $157,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,896/mo property income rather than buyer’s personal income.
Townhouse
Built in 2011
435.60 sqft lot
$N/A/sqft
$365 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: Laurie Richmond • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3932396
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