200 Lake AveGlendoraNJ08029
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 200 Lake Ave, Glendora, NJ, 08029 at $350,000 posts ROI 26.46% with $633/mo cash flow from $3,128/mo rent. Total monthly income equals $3,128/mo, and annual cash flow records $7,600/yr on $116,025 to close. Return on cash invested measures 26.46% and rental yield reads 10.72% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 139.21% and total cumulative return in cash totals $161,522.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,128/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
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: Mary McManus • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2109488