211 Main St, Unit 9GladstoneNJ07934
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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 Gladstone at 211 Main St, Unit 9, Gladstone, NJ, 07934 generates $0/mo in rent, after a $2,104/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.89% in year one, and rental yield is 0% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Condo
Built in 1987
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07934, Gladstone, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 619 (100%) |
| Owner Occupied HU | 490 (79.2%) |
| Renter Occupied HU | 105 (17.0%) |
| Vacant Housing Units | 24 ( 3.9%) |
| Median Home Value | $910,995 |
| Average Home Value | $1,014,622 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
466
Multi-Family
4
Businesses
96
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No similar rental properties found nearby.
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Listed by: Claudia Patterson • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3987973