409 Pewter CtGlassboroNJ08028
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
Rental property for sale in Glassboro at 409 Pewter Ct, Glassboro, NJ, 08028 priced at $477,731 converts $4,177/mo rent into $772/mo cash flow after a $2,338/mo obligation. Total monthly income equals $4,177/mo, and annual cash flow totals $9,265/yr on $158,368 invested. Return on cash invested prints 25.76% in year one, and rental yield reads 10.49% against a $477,731 entry. Equity gained on principal adds $3,083/yr, while 5% annual appreciation compiles into $131,988 by year five. Five-year ROI reaches 135.47% and total cumulative return in cash sums $214,536. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,177/mo property income covering a $2,338/mo payment, not borrower’s personal income.
Single Family
Built in 1991
0.29 Acres 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: Antoinette Bazikos • Century 21 Rauh & Johns
Mls Name: Bright MLS
Mls ID: #NJGL2060562