116 Colonial RdEdgewater ParkNJ08010
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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 Edgewater Park at 116 Colonial Rd, Edgewater Park, NJ, 08010 listed at $439,900 pairs $3,808/mo rent with a $2,153/mo payment to leave $673/mo cash flow. Total monthly income runs $3,808/mo, and annual cash flow reaches $8,071/yr on $145,827 cash to close. Return on cash invested measures 25.44% in year one, and rental yield registers 10.39% at a $439,900 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,536 by year five. Five-year ROI tracks 133.76% and total cumulative return in cash totals $195,051. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,808/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08010, Beverly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,126 (100%) |
| Owner Occupied HU | 3,038 (59.3%) |
| Renter Occupied HU | 1,788 (34.9%) |
| Vacant Housing Units | 300 ( 5.9%) |
| Median Home Value | $292,833 |
| Average Home Value | $342,385 |
Housing Distribution
Address Breakdown
Residential
4,955
Single Family
4,663
Multi-Family
292
Businesses
214
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Listed by: Real Estate Ron Palentchar • RE/MAX World Class Realty
Mls Name: Bright MLS
Mls ID: #NJBL2093392