2 SpruceGlen GardnerNJ08826
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Nearby investment properties with comparable prices
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 2 Spruce, Glen Gardner, NJ, 08826 offers $1,702/mo rent that, after a $1,224/mo payment. Total monthly income is $1,702/mo. Return on cash invested measures 18.46% in year one, and rental yield stands at 8.17% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 96.4% and total cumulative return in cash reaches $79,894. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,702/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1748
0.56 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mary Vega • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3903515
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