320 Franklin RdGlassboroNJ08028
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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 Glassboro at 320 Franklin Rd, Glassboro, NJ, 08028 with 5% annual appreciation on a $329,000 basis while $3,148/mo rent supports operations. Total monthly income totals $3,148/mo and a $1,610/mo payment preserves $803/mo for cash returns. Annual cash flow comes to $9,639/yr on $109,064 deployed, and return on cash invested reaches 28.75% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 11.48%. Five-year ROI measures 151.48% and total cumulative return in cash totals $165,213.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,148/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08028, Glassboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,033 (100%) |
| Owner Occupied HU | 4,911 (54.4%) |
| Renter Occupied HU | 3,003 (33.2%) |
| Vacant Housing Units | 1,119 (12.4%) |
| Median Home Value | $348,100 |
| Average Home Value | $374,092 |
Housing Distribution
Address Breakdown
Residential
8,575
Single Family
7,658
Multi-Family
917
Businesses
505
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Listed by: Craig Scott • REAL
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2508862R
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