1214 Spruce Hills Dr,Glen Gardner,NJ,08826

Investment Highlights

Rental property for sale in Glen Gardner at 1214 Spruce Hills Dr, Glen Gardner, NJ, 08826 generates $2,340/mo in rent and, after a $1,321/mo payment, leaves $416/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $4,995/yr on $89,472 invested. Return on cash invested sits at 25.49% in year one, and rental yield is 10.4% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash sums $119,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.