174 Polkville RdColumbiaNJ07832
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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
Rental property for sale in Columbia at 174 Polkville Rd, Columbia, NJ, 07832 priced at $685,000 converts $4,328/mo rent into after a $3,353/mo obligation. Total monthly income equals $4,328/mo. Return on cash invested prints 17.11% in year one, and rental yield reads 7.58% against a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation compiles into $189,253 by year five. Five-year ROI reaches 89.03% and total cumulative return in cash sums $200,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,328/mo property income covering a $3,353/mo payment, not borrower’s personal income.
Single Family
Built in 1850
14 Acres 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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