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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 Verona at 365 BLOOMFIELD AVE-1A #1A, Verona, NJ, 07044 earns $291/mo cash flow from $2,963/mo rent with a $1,591/mo payment. Total monthly income totals $2,963/mo, and annual cash flow totals $3,494/yr on $107,738 capital. ROI tracks 23.15% on current figures, and rental yield reads 10.94% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 122.93% and total cumulative return in cash sums $132,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,963/mo property income instead of your personal income.
Condo
Built in 1960
5.55 Acres lot
$N/A/sqft
$355 monthly HOA
Neighborhood data shown for ZIP Code: 07044, Verona, NJ area.
| 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 |
Residential
5,943
Single Family
4,342
Multi-Family
1,601
Businesses
469
Date | Event | Price |
|---|---|---|
| 2023-10-19 | Sold | $230,000 |
| 2020-01-15 | Listing removed | $1,650 |
| 2019-11-02 | Listed for rent | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $5428.27 | -7.42% | $175,900 | N/A |
| 2023-06-11 | $5863.29 | 1.22% | $175,900 | -10.21% |
| 2022-06-11 | $5792.76 | 3.25% | $195,900 | N/A |
Listed by: Glenn S Fallivene • Fallivene Agency Inc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3968451
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
