5 Wimbledon Dr BLDG 5 #2VernonNJ07462
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 5 Wimbledon Dr BLDG 5 #2, Vernon, NJ, 07462 at $299,000 posts ROI 24.62% with $389/mo cash flow from $2,520/mo rent. Total monthly income equals $2,520/mo, and annual cash flow records $4,671/yr on $99,119 to close. Return on cash invested measures 24.62% and rental yield reads 10.11% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 129.37% and total cumulative return in cash totals $128,230.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,520/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1986
871.20 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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Nearby investment properties with comparable prices
Listed by: Anthony Turturiello • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #4005978