350 New York AveColumbusNJ08022
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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
Investment property for sale in Columbus at 350 New York Ave, Columbus, NJ, 08022 earns $748/mo cash flow from $3,492/mo rent with a $1,884/mo payment. Total monthly income totals $3,492/mo, and annual cash flow totals $8,978/yr on $127,628 capital. ROI tracks 26.94% on current figures, and rental yield reads 10.88% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 141.82% and total cumulative return in cash sums $181,006. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,492/mo property income instead of your personal income.
Single Family
Built in 1860
10,019 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: Linda Shinn • ERA Central Realty Group - Cream Ridge
Mls Name: Bright MLS
Mls ID: #NJBL2104464