89 Horseshoe Ln SColumbusNJ08022
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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 Columbus at 89 Horseshoe Ln S, Columbus, NJ, 08022 earns from $2,380/mo rent with a $1,713/mo payment. Total monthly income totals $2,380/mo. ROI tracks 18.72% on current figures, and rental yield reads 8.16% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 97.74% and total cumulative return in cash sums $113,402. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,380/mo property income instead of your personal income.
Single Family
Built in 1995
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08022, Columbus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,901 (100%) |
| Owner Occupied HU | 3,516 (90.1%) |
| Renter Occupied HU | 230 ( 5.9%) |
| Vacant Housing Units | 155 ( 4.0%) |
| Median Home Value | $458,953 |
| Average Home Value | $490,803 |
Housing Distribution
Address Breakdown
Residential
3,728
Single Family
3,728
Multi-Family
0
Businesses
224
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Listed by: Alec Wolf • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJBL2104056