5 Colonial Ct #5, High Bridge, NJ, 08829 | $1,235/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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5 Colonial Ct #5, High Bridge, NJ, 08829 | $1,235/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in High Bridge at 5 Colonial Ct #5, High Bridge, NJ, 08829 with 5% annual appreciation on a $160,900 basis while $2,909/mo rent supports operations. Total monthly income totals $2,909/mo and a $788/mo payment preserves $1,235/mo for cash returns. Annual cash flow comes to $14,825/yr on $53,338 deployed, and return on cash invested reaches 47.7% in year one. Equity gained on principal adds $1,038/yr, and five-year appreciation sums $44,454 alongside rental yield of 21.7%. Five-year ROI measures 257.46% and total cumulative return in cash totals $137,324.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,909/mo property income versus a $788/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1987

3,485 sqft lot

$N/A/sqft

$275 monthly HOA

More details about the property

Your Dream Home Awaits in High Bridge! Discover this charming 2-bedroom, 1.5-bath home, perfectly situated for an active lifestyle and effortless commuting. Just a short stroll from the vibrant High Bridge Main Street, offering local shops and eateries. Nature lovers will love the easy access to the Columbia Trail and Ken Lockwood Gorge within walking distance, providing picturesque settings for bikers, hikers, and fishing enthusiasts. Commuting to NYC is a breeze! The NJ Transit train station is also just a short walk away, making this home an ideal haven for those working in the city. Inside, you'll find an attached garage for your convenience, with a dedicated laundry room just off the garage. All new appliances, professionally painted, HVAC system professionally cleaned and maintained. This home truly combines comfort, convenience, and access to the best of High Bridge. Don't miss the opportunity to make this fantastic property your own!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08829, High Bridge, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,527 (100%)
Owner Occupied HU	1,203 (78.8%)
Renter Occupied HU	230 (15.1%)
Vacant Housing Units	94 ( 6.2%)
Median Home Value	$346,416
Average Home Value	$365,669