55 Gloria DrAllendaleNJ07401
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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 Allendale at 55 Gloria Dr, Allendale, NJ, 07401 with 5% annual appreciation on a $1,299,000 basis while $4,492/mo rent supports operations. 78% in year one. Equity gained on principal adds $8,382/yr, and five-year appreciation sums $358,890 alongside rental yield of 4.15%. Five-year ROI measures 33.58% and total cumulative return in cash totals $141,349. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,492/mo property income versus a $6,358/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07401, Allendale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,486 (100%) |
| Owner Occupied HU | 2,029 (81.6%) |
| Renter Occupied HU | 321 (12.9%) |
| Vacant Housing Units | 136 ( 5.5%) |
| Median Home Value | $904,018 |
| Average Home Value | $998,549 |
Housing Distribution
Address Breakdown
Residential
2,371
Single Family
2,346
Multi-Family
25
Businesses
288
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Listed by: Laura Gill • Keller Williams Village Square
Mls Name: GSMLS
Mls ID: #3977009