29 S Columbus AveFordsNJ08863
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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 Fords at 29 S Columbus Ave, Fords, NJ, 08863 priced at $1,195,000 converts $2,892/mo rent into after a $5,849/mo obligation. Total monthly income equals $2,892/mo. Return on cash invested prints 2.93% in year one, and rental yield reads 2.9% against a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation compiles into $330,156 by year five. Five-year ROI reaches 12.98% and total cumulative return in cash sums $50,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,892/mo property income covering a $5,849/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: AMRITPREET KAUR • REALTYMARK SELECT
Mls Name: All Jersey MLS
Mls ID: #2601149R