413 Spruce Hills DrGlen GardnerNJ08826
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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
Investment property for sale in Glen Gardner at 413 Spruce Hills Dr, Glen Gardner, NJ, 08826 listed at $290,000 pairs $2,525/mo rent with a $1,419/mo payment to leave $163/mo cash flow. Total monthly income runs $2,525/mo, and annual cash flow reaches $1,960/yr on $96,135 cash to close. Return on cash invested measures 21.95% in year one, and rental yield registers 10.45% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 116.37% and total cumulative return in cash totals $111,868. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,525/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
$295 monthly HOA
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Listed by: Evgeny Onishkevich • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3942068
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