93 N Washington AveColoniaNJ07067
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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 93 N Washington Ave, Colonia, NJ, 07067 offers $4,042/mo rent that, after a $2,520/mo payment, leaves $372/mo cash flow. Total monthly income is $4,042/mo, and annual cash flow is $4,465/yr on $169,402 cash. Return on cash invested measures 22.7% in year one, and rental yield stands at 9.42% at a $514,900 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,257 by year five. Five-year ROI records 119.01% and total cumulative return in cash reaches $201,606. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,042/mo property income versus a $2,520/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
5,998 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: GABRIELLE SMITH • J.J. ELEK REALTY CO.
Mls Name: All Jersey MLS
Mls ID: #2608886R