5 Colonial Ct #5High BridgeNJ08829
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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 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
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 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
82
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