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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Colonia at 161 Devon Rd, Colonia, NJ, 07067 offers a 7.77% rental yield on a $799,900 purchase with $5,178/mo rent. 67% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $220,998 over five years. Portfolio math shows five-year ROI at 92.06% and total cumulative return in cash at $242,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,178/mo property income against a $3,915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07067, Colonia, NJ area.
| 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 |
Residential
6,589
Single Family
6,450
Multi-Family
139
Businesses
320
Date | Event | Price |
|---|---|---|
| 2025-02-01 | Listed for sale | $799,900 |
| 2021-09-24 | Sold | $610,000 |
| 2021-05-23 | Listed for sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-19 | $16415.57 | 2.22% | $141,100 | N/A |
| 2023-02-19 | $16058.59 | 2.57% | $141,100 | N/A |
| 2022-02-19 | $15656.46 | 0.83% | $141,100 | N/A |
Listed by: Daniel Darcy • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2508481R
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