1 Spring Hill Ln, Great Meadows, NJ, 07838 | $794/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1 Spring Hill Ln, Great Meadows, NJ, 07838 | $794/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Great Meadows at 1 Spring Hill Ln, Great Meadows, NJ, 07838 priced at $530,000 pairs $4,572/mo rent with $794/mo cash flow after a $2,594/mo payment. Total monthly income equals $4,572/mo, and annual cash flow comes to $9,532/yr on $174,370 invested. Return on cash invested is 25.53% in year one, and rental yield stands at 10.35% on a $530,000 basis. Equity gained on principal adds $3,420/yr, and 5% annual appreciation accumulates to $146,429 by year five. Five-year ROI measures 134.19% and total cumulative return in cash reaches $233,983. For financing, Ziffy Mortgage’s DSCR program evaluates $4,572/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1999

2.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful 3 Bedroom, 3 Full Bath Ranch Home on 2.5 Acres with Finished Walkout Basement Enjoy the perfect balance of peaceful country living and close-to-everything convenience in this spacious ranch home set on nearly 2.5 acres. With plenty of parking and outdoor space, this property is ideal for those who love nature, privacy, and room to spread out. This 3-bedroom, 3 full bath home features a finished walkout lower level that provides a fantastic extension of the living space, complete with a great wet bar for entertaining. Step outside to a large deck overlooking the property a great spot for outdoor dining or relaxing while taking in the surrounding nature. The kitchen includes granite countertops and black stainless-steel appliances. A new roof installed in 2020 provides peace of mind for years to come. Additional highlights include a generator hookup, a charming small stream on the property, and desirable proximity to major commuting routes and shopping while still giving you that private, country feel. This home offers space, comfort, and beautiful natural surroundings a wonderful opportunity not to be missed!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07838, Great Meadows, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,316 (100%)
Owner Occupied HU	1,049 (79.7%)
Renter Occupied HU	175 (13.3%)
Vacant Housing Units	92 ( 7.0%)
Median Home Value	$452,429
Average Home Value	$501,930