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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Glen Ridge at 72 Glen Ridge Ave, Glen Ridge, NJ, 07028 priced at $750,000 pairs $2,880/mo rent with after a $3,671/mo payment. Total monthly income equals $2,880/mo. Return on cash invested is 8.07% in year one, and rental yield stands at 4.61% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 40.54% and total cumulative return in cash reaches $100,038. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07028, Glen Ridge, NJ area.
| 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 |
Residential
2,730
Single Family
2,491
Multi-Family
239
Businesses
179
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cherise Raymond • Jersey Blue Estates
Mls Name: NJMLS
Mls ID: #25023161
