10 WEST GATE DRIVEGlenwoodNJ07418
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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 Glenwood at 10 WEST GATE DRIVE, Glenwood, NJ, 07418 with 5% annual appreciation on a $649,999 basis while $4,915/mo rent supports operations. Total monthly income totals $4,915/mo and a $3,181/mo payment preserves $282/mo for cash returns. Annual cash flow comes to $3,388/yr on $213,850 deployed, and return on cash invested reaches 21.64% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,583 alongside rental yield of 9.07%. Five-year ROI measures 113.36% and total cumulative return in cash totals $242,425.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,915/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07418, Glenwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 639 (100%) |
| Owner Occupied HU | 570 (89.2%) |
| Renter Occupied HU | 35 ( 5.5%) |
| Vacant Housing Units | 34 ( 5.3%) |
| Median Home Value | $346,931 |
| Average Home Value | $377,412 |
Housing Distribution
Address Breakdown
Residential
699
Single Family
699
Multi-Family
0
Businesses
58
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Listed by: Christine N. Marotta • Realty Executives Mountain Prop.
Mls Name: GSMLS
Mls ID: #3993358