2 SpruceGlen GardnerNJ08826
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2 Spruce, Glen Gardner, NJ, 08826 in Glen Gardner carries a 1.51 coverage ratio, rent of $1,702/mo is 1.51 times the $1,124/mo payment. Rental yield 8.17%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $250,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $69,070; total projected cumulative return: $89,497.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(100) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,702 |
| Total Monthly Debt Service | $1,702 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1748
0.56 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 1748
0.56 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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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