10 Bergen AveGlendoraNJ08029
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Nearby investment properties with comparable prices
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 Glendora at 10 Bergen Ave, Glendora, NJ, 08029 offers $1,396/mo rent that, after a $857/mo payment, leaves $148/mo cash flow. Total monthly income is $1,396/mo, and annual cash flow is $1,778/yr on $58,013 cash. Return on cash invested measures 22.97% in year one, and rental yield stands at 9.57% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 120.59% and total cumulative return in cash reaches $69,955. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,396/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08029, Glendora, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,473 (71.0%) |
| Renter Occupied HU | 528 (25.4%) |
| Vacant Housing Units | 75 ( 3.6%) |
| Median Home Value | $263,837 |
| Average Home Value | $375,560 |
Housing Distribution
Address Breakdown
Residential
1,973
Single Family
1,846
Multi-Family
127
Businesses
114
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Listed by: Kate Siedell • Lisa Wolschina & Associates, Inc.
Mls Name: Bright MLS
Mls ID: #NJCD2109482