8 Canterbury LnColoniaNJ07067
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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 Colonia at 8 Canterbury Ln, Colonia, NJ, 07067 listed at $614,999 pairs $4,334/mo rent with a $3,010/mo payment. Total monthly income runs $4,334/mo. Return on cash invested measures 19.77% in year one, and rental yield registers 8.46% at a $614,999 basis. Equity gained on principal adds $3,968/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 103.29% and total cumulative return in cash totals $208,997. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,334/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
6,137 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07067, Colonia, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,589
Single Family
6,450
Multi-Family
139
Businesses
320
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Listed by: FRAN TORELLA • RE/MAX WELCOME HOME
Mls Name: All Jersey MLS
Mls ID: #2602064R