2 Cherbar CtColoniaNJ07067
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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 Colonia at 2 Cherbar Ct, Colonia, NJ, 07067 priced at $679,000 pairs $4,502/mo rent with after a $3,323/mo payment. Total monthly income equals $4,502/mo. Return on cash invested is 18.25% in year one, and rental yield stands at 7.96% on a $679,000 basis. Equity gained on principal adds $4,381/yr, and 5% annual appreciation accumulates to $187,595 by year five. Five-year ROI measures 95.14% and total cumulative return in cash reaches $212,543. For financing, Ziffy Mortgage’s DSCR program evaluates $4,502/mo property income against a $3,323/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
N/A 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: N/A • REAL
Mls Name: All Jersey MLS
Mls ID: #2608565R