50 Hamilton RdGlen RidgeNJ07028
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 50 Hamilton Rd, Glen Ridge, NJ, 07028 in Glen Ridge speaks for itself: 10.84% gross on a $899,000 price, generating $8,123/mo in rent and $1,715/mo in net income after the $4,042/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $20,578 stacks alongside $248,377 in projected five-year appreciation and $8,280/yr in principal reduction. Projected total cumulative return: $454,976.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $1,715 | $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 | $8,123 |
| Total Monthly Debt Service | $6,050 |
| DSCR Ratio | 1.34x |
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 1885
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07028, Glen Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,796 (100%) |
| Owner Occupied HU | 2,250 (80.5%) |
| Renter Occupied HU | 491 (17.6%) |
| Vacant Housing Units | 55 ( 2.0%) |
| Median Home Value | $821,864 |
| Average Home Value | $913,219 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,491
Multi-Family
239
Businesses
179
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 1885
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07028, Glen Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,796 (100%) |
| Owner Occupied HU | 2,250 (80.5%) |
| Renter Occupied HU | 491 (17.6%) |
| Vacant Housing Units | 55 ( 2.0%) |
| Median Home Value | $821,864 |
| Average Home Value | $913,219 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,491
Multi-Family
239
Businesses
179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Owens • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #3987969