318 S Columbia StWoodburyNJ08096
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
Rental property for sale in Woodbury at 318 S Columbia St, Woodbury, NJ, 08096 generates $3,761/mo in rent and, after a $1,884/mo payment, leaves $1,017/mo in cash flow. Total monthly income is $3,761/mo, and annual cash flow is $12,209/yr on $127,594 invested. Return on cash invested sits at 29.48% in year one, and rental yield is 11.73% on a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 155.41% and total cumulative return in cash sums $198,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,761/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08096, Woodbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 10,628 (67.5%) |
| Renter Occupied HU | 4,199 (26.7%) |
| Vacant Housing Units | 917 ( 5.8%) |
| Median Home Value | $320,360 |
| Average Home Value | $345,177 |
Housing Distribution
Address Breakdown
Residential
14,505
Single Family
13,752
Multi-Family
753
Businesses
1,272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Val Nunnenkamp • Keller Williams Realty - Marlton
Mls Name: Bright MLS
Mls ID: #NJGL2065538