8 Normandy RdColoniaNJ07067
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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
Rental property for sale in Colonia at 8 Normandy Rd, Colonia, NJ, 07067 priced at $559,000 converts $5,009/mo rent into $1,025/mo cash flow after a $2,736/mo obligation. Total monthly income equals $5,009/mo, and annual cash flow totals $12,295/yr on $183,911 invested. Return on cash invested prints 26.75% in year one, and rental yield reads 10.75% against a $559,000 entry. Equity gained on principal adds $3,607/yr, while 5% annual appreciation compiles into $154,441 by year five. Five-year ROI reaches 140.72% and total cumulative return in cash sums $258,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,009/mo property income covering a $2,736/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.30 Acres 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: DONALD BENCE • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls ID: #2661072M