23 Colgate RdOaklandNJ07436
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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 Oakland at 23 Colgate Rd, Oakland, NJ, 07436 priced at $500,000 pairs $2,626/mo rent with after a $2,447/mo payment. Total monthly income equals $2,626/mo. Return on cash invested is 13.12% in year one, and rental yield stands at 6.3% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 67.68% and total cumulative return in cash reaches $112,172. For financing, Ziffy Mortgage’s DSCR program evaluates $2,626/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Thomas Russo • RE/MAX SELECT - Oakland
Mls Name: NJMLS
Mls ID: #25041703