104 Hockenbury DrGlen GardnerNJ08826
Nearby investment properties with comparable rents
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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
Rental property for sale in Glen Gardner at 104 Hockenbury Dr, Glen Gardner, NJ, 08826 priced at $690,200 converts $5,224/mo rent into after a $3,378/mo obligation. Total monthly income equals $5,224/mo. Return on cash invested prints 15.1% in year one, and rental yield reads 9.08% against a $690,200 entry. Equity gained on principal adds $4,454/yr, while 5% annual appreciation compiles into $190,690 by year five. Five-year ROI reaches 80.63% and total cumulative return in cash sums $183,083. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,224/mo property income covering a $3,378/mo payment, not borrower’s personal income.
Single Family
Built in 1996
1.02 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Joseph Nesbihal • RE/MAX SKYLANDS REAL ESTATE
Mls Name: GSMLS
Mls Provider:
Mls ID: #3793114
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