1073 Foster DrGlassboroNJ08028
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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 Glassboro at 1073 Foster Dr, Glassboro, NJ, 08028 priced at $477,990 pairs $3,600/mo rent with after a $2,340/mo payment. Total monthly income equals $3,600/mo. Return on cash invested is 19.5% in year one, and rental yield stands at 9.04% on a $477,990 basis. Equity gained on principal adds $3,084/yr, and 5% annual appreciation accumulates to $132,060 by year five. Five-year ROI measures 102.54% and total cumulative return in cash reaches $162,478. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $2,340/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
4,160 sqft lot
$N/A/sqft
$247 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08028, Glassboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,033 (100%) |
| Owner Occupied HU | 4,911 (54.4%) |
| Renter Occupied HU | 3,003 (33.2%) |
| Vacant Housing Units | 1,119 (12.4%) |
| Median Home Value | $348,100 |
| Average Home Value | $374,092 |
Housing Distribution
Address Breakdown
Residential
8,575
Single Family
7,658
Multi-Family
917
Businesses
505
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Listed by: Vinny Gibson • D.R. Horton Realty of New Jersey
Mls Name: Bright MLS
Mls Provider:
Mls ID: #NJGL2047292
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