21 Horseshoe Ln NColumbusNJ08022
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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 Columbus at 21 Horseshoe Ln N, Columbus, NJ, 08022 priced at $399,000 pairs $3,178/mo rent with $334/mo cash flow after a $1,953/mo payment. Total monthly income equals $3,178/mo, and annual cash flow comes to $4,007/yr on $132,269 invested. Return on cash invested is 22.94% in year one, and rental yield stands at 9.56% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 120.31% and total cumulative return in cash reaches $159,134. For financing, Ziffy Mortgage’s DSCR program evaluates $3,178/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
6,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08022, Columbus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,901 (100%) |
| Owner Occupied HU | 3,516 (90.1%) |
| Renter Occupied HU | 230 ( 5.9%) |
| Vacant Housing Units | 155 ( 4.0%) |
| Median Home Value | $458,953 |
| Average Home Value | $490,803 |
Housing Distribution
Address Breakdown
Residential
3,728
Single Family
3,728
Multi-Family
0
Businesses
224
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Listed by: Jacqui Thomas • Keller Williams Premier
Mls Name: Bright MLS
Mls ID: #NJBL2096886