40 Heathcote RdGlen RockNJ07452
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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 Glen Rock at 40 Heathcote Rd, Glen Rock, NJ, 07452 with 5% annual appreciation on a $899,000 basis while $7,045/mo rent supports operations. Total monthly income totals $7,045/mo and a $4,400/mo payment preserves $637/mo for cash returns. Annual cash flow comes to $7,647/yr on $295,771 deployed, and return on cash invested reaches 22.65% in year one. Equity gained on principal adds $5,801/yr, and five-year appreciation sums $248,377 alongside rental yield of 9.4%. Five-year ROI measures 118.73% and total cumulative return in cash totals $351,178.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,045/mo property income versus a $4,400/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07452, Glen Rock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,984 (100%) |
| Owner Occupied HU | 3,605 (90.5%) |
| Renter Occupied HU | 280 ( 7.0%) |
| Vacant Housing Units | 99 ( 2.5%) |
| Median Home Value | $837,211 |
| Average Home Value | $884,555 |
Housing Distribution
Address Breakdown
Residential
4,022
Single Family
3,924
Multi-Family
98
Businesses
450
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Listed by: Cynthia Stadulis • Coldwell Banker Realty Rdg
Mls Name: GSMLS
Mls ID: #3984673