115 McKinley AveColoniaNJ07067
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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
Rental property for sale in Colonia at 115 McKinley Ave, Colonia, NJ, 07067 generates $4,324/mo in rent and, after a $2,618/mo payment, leaves $511/mo in cash flow. Total monthly income is $4,324/mo, and annual cash flow is $6,137/yr on $175,982 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 9.7% on a $534,900 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,783 over five years. Five-year ROI reaches 123.57% and total cumulative return in cash sums $217,461. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,324/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07067, Colonia, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,582 (100%) |
| Owner Occupied HU | 5,734 (87.1%) |
| Renter Occupied HU | 689 (10.5%) |
| Vacant Housing Units | 159 ( 2.4%) |
| Median Home Value | $520,587 |
| Average Home Value | $561,203 |
Housing Distribution
Address Breakdown
Residential
6,589
Single Family
6,450
Multi-Family
139
Businesses
320
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Listed by: JANET FRAZIER • VILLAGE GREEN REALTORS
Mls Name: All Jersey MLS
Mls ID: #2606337R