131 Morningside RdColoniaNJ07067
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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
Total monthly income runs $4,366/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 6.99% with $4,366/mo rent. Return on cash invested shows 15.32% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 79.47% and total cumulative return in cash records $195,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,366/mo property income covering a $3,666/mo payment rather than investor’s personal income.
Single Family
Built in 1942
0.46 Acres 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: AMRITPREET KAUR • REALTYMARK SELECT
Mls Name: All Jersey MLS
Mls ID: #2605125R