2 Claridge Dr Apt 6LW #6LWVeronaNJ07044
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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
Investment property for sale in Verona at 2 Claridge Dr Apt 6LW #6LW, Verona, NJ, 07044 with 5% annual appreciation on a $675,000 basis while $3,959/mo rent supports operations. 45% in year one. Equity gained on principal adds $4,356/yr, and five-year appreciation sums $186,490 alongside rental yield of 7.04%. Five-year ROI measures 80.16% and total cumulative return in cash totals $178,023. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,959/mo property income versus a $3,304/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07044, Verona, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,360 (100%) |
| Owner Occupied HU | 4,671 (73.4%) |
| Renter Occupied HU | 1,443 (22.7%) |
| Vacant Housing Units | 246 ( 3.9%) |
| Median Home Value | $658,491 |
| Average Home Value | $741,076 |
Housing Distribution
Address Breakdown
Residential
5,943
Single Family
4,342
Multi-Family
1,601
Businesses
469
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Listed by: Jane Silverstein • Keller Williams Suburban Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3979567
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