2109 Spruce Hills Dr BUILDING 21,Glen Gardner,NJ,08826

Investment Highlights

Investment property for sale in Glen Gardner at 2109 Spruce Hills Dr BUILDING 21, Glen Gardner, NJ, 08826 listed at $224,800 pairs $2,227/mo rent with a $1,100/mo payment to leave $625/mo cash flow. Total monthly income runs $2,227/mo, and annual cash flow reaches $7,499/yr on $74,521 cash to close. Return on cash invested measures 29.97% in year one, and rental yield registers 11.89% at a $224,800 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,108 by year five. Five-year ROI tracks 158.04% and total cumulative return in cash totals $117,774. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,227/mo property income relative to a $1,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).