1910 Spruce Hills Dr BLDG 1900 #1910,Glen Gardner,NJ,08826

Investment Highlights

Investment property for sale in Glen Gardner at 1910 Spruce Hills Dr BLDG 1900 #1910, Glen Gardner, NJ, 08826 uses $87,848 cash to close to unlock $5,414/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,297/mo payment keeps the spread at $451/mo. Purchase price stands at $265,000, and rental yield measures 10.6% with $2,340/mo rent. Return on cash invested shows 26.07% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 137.16% and total cumulative return in cash records $120,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,297/mo payment rather than investor’s personal income.