1663 Columbus PlRahwayNJ07065
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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 Rahway at 1663 Columbus Pl, Rahway, NJ, 07065 offers a 10.71% rental yield on a $419,000 purchase with $3,739/mo rent. Total monthly income registers $3,739/mo, and a $2,051/mo payment leaves $752/mo available for distribution. Annual cash flow reaches $9,027/yr on $138,899 to close, and return on cash invested stands at 26.41% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 138.94% and total cumulative return in cash at $192,989. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,739/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07065, Rahway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,853 (100%) |
| Owner Occupied HU | 6,378 (49.6%) |
| Renter Occupied HU | 5,647 (43.9%) |
| Vacant Housing Units | 828 ( 6.4%) |
| Median Home Value | $444,389 |
| Average Home Value | $517,431 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
9,363
Multi-Family
3,009
Businesses
904
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Listed by: John Natale • Real
Mls Name: GSMLS
Mls ID: #4002531