200 Austin AveGlendoraNJ08029
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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 Glendora at 200 Austin Ave, Glendora, NJ, 08029 priced at $185,000 converts $1,458/mo rent into $140/mo cash flow after a $905/mo obligation. Total monthly income equals $1,458/mo, and annual cash flow totals $1,678/yr on $61,328 invested. Return on cash invested prints 22.65% in year one, and rental yield reads 9.46% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 118.76% and total cumulative return in cash sums $72,831. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,458/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1947
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: Valerie Regan • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2108174