926 Bloomfield Ave #2CGlen RidgeNJ07028
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Glen Ridge at 926 Bloomfield Ave #2C, Glen Ridge, NJ, 07028 earns $1,343/mo cash flow from $2,975/mo rent with a $1,121/mo payment. Total monthly income totals $2,975/mo, and annual cash flow totals $16,111/yr on $75,914 capital. ROI tracks 41.13% on current figures, and rental yield reads 15.59% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 217.9% and total cumulative return in cash sums $165,413. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,975/mo property income instead of your personal income.
Single Family
Built in 1965
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07028, Glen Ridge, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,491
Multi-Family
239
Businesses
179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eileen Livecchi • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3968179
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.