263 Chestnut StGlendoraNJ08029
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 263 Chestnut St, Glendora, NJ, 08029 in Glendora is straightforward: $275,000 in, $2,344/mo in rent, $383/mo out after debt service. The 10.23% gross yield and 1.89 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $75,977 by year five. With $2,533/yr in principal equity, the total cumulative return is projected at $130,083.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $383 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,344 |
| Total Monthly Debt Service | $1,851 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
9,901 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
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
Single Family
Built in 1951
9,901 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Echelberger • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJCD2105210