243 Wagon Wheel LnColumbusNJ08022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Columbus at 243 Wagon Wheel Ln, Columbus, NJ, 08022 at $385,000 posts ROI 23.67% with $400/mo cash flow from $3,144/mo rent. Total monthly income equals $3,144/mo, and annual cash flow records $4,802/yr on $127,628 to close. Return on cash invested measures 23.67% and rental yield reads 9.8% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 124.28% and total cumulative return in cash totals $158,614.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,144/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
5,227 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: Ronnie Glomb • Your Town Realty
Mls Name: Bright MLS
Mls ID: #NJBL2104410