42 Old Coach RdVernonNJ07462
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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 42 Old Coach Rd, Vernon, NJ, 07462 with 5% annual appreciation on a $469,900 basis while $3,624/mo rent supports operations. Total monthly income totals $3,624/mo and a $2,300/mo payment preserves $225/mo for cash returns. Annual cash flow comes to $2,695/yr on $155,772 deployed, and return on cash invested reaches 21.64% in year one. Equity gained on principal adds $3,032/yr, and five-year appreciation sums $129,825 alongside rental yield of 9.25%. Five-year ROI measures 113.5% and total cumulative return in cash totals $176,798.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,624/mo property income versus a $2,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
5,662 sqft lot
$N/A/sqft
$50 monthly 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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