407 Hamilton RdGlassboroNJ08028
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
Investment Highlights
Investment property for sale in Glassboro at 407 Hamilton Rd, Glassboro, NJ, 08028 at $285,000 posts ROI 23.8% with $307/mo cash flow from $2,338/mo rent. Total monthly income equals $2,338/mo, and annual cash flow records $3,678/yr on $94,478 to close. Return on cash invested measures 23.8% and rental yield reads 9.84% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 124.98% and total cumulative return in cash totals $118,074.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,338/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1944
8,538 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: Colette Montague • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJGL2065436