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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 2 Chamonix Dr UNIT 213, Vernon, NJ, 07462 listed at $105,000 pairs $792/mo rent with a $514/mo payment to leave $44/mo cash flow. Total monthly income runs $792/mo, and annual cash flow reaches $522/yr on $34,808 cash to close. Return on cash invested measures 21.41% in year one, and rental yield registers 9.05% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 112.19% and total cumulative return in cash totals $39,050. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $792/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: JESSE KELLEY • KELLER WILLIAMS CITY LIFE JC REALTY
Mls Name: HCMLS
Mls ID: #250024161
