535 Main StGlendoraNJ08029
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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
Rental property for sale in Glendora at 535 Main St, Glendora, NJ, 08029 generates $2,554/mo in rent, after a $1,957/mo payment. Total monthly income is $2,554/mo. Return on cash invested sits at 17.23% in year one, and rental yield is 7.66% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 89.69% and total cumulative return in cash sums $118,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,554/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08029, Glendora, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,473 (71.0%) |
| Renter Occupied HU | 528 (25.4%) |
| Vacant Housing Units | 75 ( 3.6%) |
| Median Home Value | $263,837 |
| Average Home Value | $375,560 |
Housing Distribution
Address Breakdown
Residential
1,973
Single Family
1,846
Multi-Family
127
Businesses
114
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Listed by: Jared Boyer • Imani Realty & Associates
Mls Name: Bright MLS
Mls ID: #NJCD2110188