1004 Spruce Hills DrGlen GardnerNJ08826
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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 Glen Gardner at 1004 Spruce Hills Dr, Glen Gardner, NJ, 08826 with 5% annual appreciation on a $238,000 basis while $2,340/mo rent supports operations. Total monthly income totals $2,340/mo and a $1,165/mo payment preserves $348/mo for cash returns. Annual cash flow comes to $4,182/yr on $78,897 deployed, and return on cash invested reaches 25.21% in year one. Equity gained on principal adds $1,536/yr, and five-year appreciation sums $65,755 alongside rental yield of 11.8%. Five-year ROI measures 134.15% and total cumulative return in cash totals $105,838.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $1,165/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
$295 monthly HOA
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Listed by: Patricia Ruiz • Nexthome Premier
Mls Name: GSMLS
Mls Provider:
Mls ID: #3944498
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