26 Glen Lake DrMedfordNJ08055
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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 Medford at 26 Glen Lake Dr, Medford, NJ, 08055 with 5% annual appreciation on a $689,900 basis while $6,000/mo rent supports operations. Total monthly income totals $6,000/mo and a $3,377/mo payment preserves $1,082/mo for cash returns. Annual cash flow comes to $12,987/yr on $226,977 deployed, and return on cash invested reaches 25.78% in year one. Equity gained on principal adds $4,452/yr, and five-year appreciation sums $190,607 alongside rental yield of 10.44%. Five-year ROI measures 135.55% and total cumulative return in cash totals $307,669.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,000/mo property income versus a $3,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08055, Medford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,320 (100%) |
| Owner Occupied HU | 9,483 (83.8%) |
| Renter Occupied HU | 1,381 (12.2%) |
| Vacant Housing Units | 456 ( 4.0%) |
| Median Home Value | $541,260 |
| Average Home Value | $560,563 |
Housing Distribution
Address Breakdown
Residential
11,531
Single Family
11,489
Multi-Family
42
Businesses
1,049
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Listed by: Don Birnbohm • BHHS Fox & Roach-Medford
Mls Name: Bright MLS
Mls ID: #NJBL2102958