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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Colonia at 691 Inman Ave, Colonia, NJ, 07067 listed at $649,000 pairs $3,900/mo rent with a $3,177/mo payment. Total monthly income runs $3,900/mo. Return on cash invested measures 15.98% in year one, and rental yield registers 7.21% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 82.97% and total cumulative return in cash totals $177,156. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,900/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1952
9,052 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07067, Colonia, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,582 (100%) |
| Owner Occupied HU | 5,734 (87.1%) |
| Renter Occupied HU | 689 (10.5%) |
| Vacant Housing Units | 159 ( 2.4%) |
| Median Home Value | $520,587 |
| Average Home Value | $561,203 |
Residential
6,589
Single Family
6,450
Multi-Family
139
Businesses
320
Date | Event | Price |
|---|---|---|
| 2024-06-13 | Listed for sale | $649,000 |
| 2021-03-29 | Sold | $340,000 |
| 2000-04-24 | Sold | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $9901.47 | 2.57% | $87,000 | N/A |
| 2022-10-16 | $9653.52 | 3.44% | $87,000 | 2.59% |
| 2021-10-16 | $9332.24 | -0.89% | $84,800 | N/A |
Listed by: Maksim Kats • FORMULA REALTY, LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2413302R
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