754 Columbus AvePhillipsburgNJ08865
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
Investment property for sale in Phillipsburg at 754 Columbus Ave, Phillipsburg, NJ, 08865 listed at $395,900 pairs $2,040/mo rent with a $1,938/mo payment. Total monthly income runs $2,040/mo. Return on cash invested measures 12.76% in year one, and rental yield registers 6.18% at a $395,900 basis. Equity gained on principal adds $2,555/yr, and annual property appreciation at 5% supports $109,380 by year five. Five-year ROI tracks 65.71% and total cumulative return in cash totals $86,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,938/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08865, Phillipsburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,971 (100%) |
| Owner Occupied HU | 8,218 (58.8%) |
| Renter Occupied HU | 4,701 (33.6%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $297,026 |
| Average Home Value | $341,089 |
Housing Distribution
Address Breakdown
Residential
13,141
Single Family
12,639
Multi-Family
502
Businesses
908
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Listed by: Autumn Bragg • Coldwell Banker Heritage
Mls Name: GSMLS
Mls Provider:
Mls ID: #3953430
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