3 Deer Valley Ln UNIT 8VernonNJ07462
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
Investment property for sale in Vernon at 3 Deer Valley Ln UNIT 8, Vernon, NJ, 07462 at $199,900 posts ROI 21.87% with $109/mo cash flow from $1,533/mo rent. Total monthly income equals $1,533/mo, and annual cash flow records $1,303/yr on $66,267 to close. Return on cash invested measures 21.87% and rental yield reads 9.2% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 114.65% and total cumulative return in cash totals $75,973.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,533/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No 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: Jeff Vander Molen • Terrie O'Connor Realtors-Wyckoff
Mls Name: NJMLS
Mls ID: #25040585