567 S Broad StGlen RockNJ07452
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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 Glen Rock at 567 S Broad St, Glen Rock, NJ, 07452 offers $4,800/mo rent that, after a $5,624/mo payment. Total monthly income is $4,800/mo. Return on cash invested measures 9.44% in year one, and rental yield stands at 5.01% at a $1,149,000 entry. Equity gained on principal adds $7,414/yr while 5% annual appreciation compounds into $317,448 by year five. Five-year ROI records 47.87% and total cumulative return in cash reaches $178,219. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,800/mo property income versus a $5,624/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07452, Glen Rock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,984 (100%) |
| Owner Occupied HU | 3,605 (90.5%) |
| Renter Occupied HU | 280 ( 7.0%) |
| Vacant Housing Units | 99 ( 2.5%) |
| Median Home Value | $837,211 |
| Average Home Value | $884,555 |
Housing Distribution
Address Breakdown
Residential
4,022
Single Family
3,924
Multi-Family
98
Businesses
450
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Listed by: Brian Springman • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #25037571