314 Spruce Hills DrGlen GardnerNJ08826
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 314 Spruce Hills Dr, Glen Gardner, NJ, 08826 in Glen Gardner at $269,000 earns $2,340/mo in rent and nets $128/mo after the $1,210/mo payment, a 10.44% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $74,320 over five years. Ziffy Mortgage underwrites this on a 1.93 DSCR without U.S. credit history. With $2,478/yr in principal paydown, total projected return reaches $130,309.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $128 | $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 | $2,340 |
| Total Monthly Debt Service | $1,810 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
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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
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSMLS
Mls ID: #4000630