17 Randy RdGlendoraNJ08029
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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 Glendora at 17 Randy Rd, Glendora, NJ, 08029 listed at $450,000 pairs $3,872/mo rent with a $2,203/mo payment to leave $664/mo cash flow. Total monthly income runs $3,872/mo, and annual cash flow reaches $7,968/yr on $149,175 cash to close. Return on cash invested measures 25.25% in year one, and rental yield registers 10.33% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 132.71% and total cumulative return in cash totals $197,970. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,872/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
9,374 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: Robert Greenblatt • Weichert Realtors - Moorestown
Mls Name: Bright MLS
Mls ID: #NJCD2101310