148 Vail RdColumbiaNJ07832
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
Rental property for sale in Columbia at 148 Vail Rd, Columbia, NJ, 07832 priced at $379,900 converts $2,982/mo rent into $275/mo cash flow after a $1,859/mo obligation. Total monthly income equals $2,982/mo, and annual cash flow totals $3,295/yr on $125,937 invested. Return on cash invested prints 22.53% in year one, and rental yield reads 9.42% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 118.1% and total cumulative return in cash sums $148,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,982/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 1930
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07832, Columbia, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,648 (100%) |
| Owner Occupied HU | 1,337 (81.1%) |
| Renter Occupied HU | 179 (10.9%) |
| Vacant Housing Units | 132 ( 8.0%) |
| Median Home Value | $447,833 |
| Average Home Value | $484,119 |
Housing Distribution
Address Breakdown
Residential
1,419
Single Family
1,419
Multi-Family
0
Businesses
65
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Listed by: Rebecca Sloan • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3988183