83 Longfellow Dr BLDG 83 #1, Colonia, NJ, 07067 | $478/mo Cash Flow

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83 Longfellow Dr BLDG 83 #1, Colonia, NJ, 07067 | $478/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Colonia at 83 Longfellow Dr BLDG 83 #1, Colonia, NJ, 07067 uses $177,331 cash to close to unlock $5,739/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $4,320/mo, and a $2,638/mo payment keeps the spread at $478/mo. Purchase price stands at $539,000, and rental yield measures 9.62% with $4,320/mo rent. Return on cash invested shows 23.3% in year one, and 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 122.23% and total cumulative return in cash records $216,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,320/mo property income covering a $2,638/mo payment rather than investor’s personal income.

Single Family

Built in 1945

N/A lot

$N/A/sqft

No HOA

More details about the property

Location, Location, This property features a nice size eat-in kitchen, Living room, Family room, 2 Bedrooms and a full Bath in the main floor, going to second floor there are 2 Bedrooms and a full Bath. Laundry Room is in the basement with a big space for storage. Central Air condition throughout the house with 2 separate Unities, one for the main floor, and second unity for the second floor. The owner just replaced the second floor Air Conditioner plus Furnace to a new one, the whole system is new. the water tank is a Tankless water heater with capacity for all day. Back Yard has a nice patio for Barbecue and entertainment.

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