106 Glenwood TerFordsNJ08863
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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
Total monthly income runs $4,048/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 8.11% with $4,048/mo rent. Return on cash invested shows 18.71% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 97.63% and total cumulative return in cash records $192,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,048/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,976 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: ROBERT DEKANSKI • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls ID: #2604484R