4 Attitash Dr Unit 6 BLDG 4 #6VernonNJ07462
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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 Vernon at 4 Attitash Dr Unit 6 BLDG 4 #6, Vernon, NJ, 07462 offers a 8.45% rental yield on a $230,000 purchase with $1,620/mo rent. 6% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 102.45% and total cumulative return in cash at $78,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
435.60 sqft 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: Ingrid M. Haneke • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3987866