711 George LnGlendoraNJ08029
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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 Glendora at 711 George Ln, Glendora, NJ, 08029 uses $130,943 cash to close to unlock $10,486/yr annual cash flow and $874/mo monthly cash flow. Total monthly income runs $3,689/mo, and a $1,933/mo payment keeps the spread at $874/mo. Purchase price stands at $395,000, and rental yield measures 11.21% with $3,689/mo rent. Return on cash invested shows 27.92% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 147.01% and total cumulative return in cash records $192,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,689/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,374 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: Sean Elstone • KW Empower
Mls Name: Bright MLS
Mls ID: #NJCD2102890