60 Spaulding DrMonroevilleNJ08343
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 60 Spaulding Dr, Monroeville, NJ, 08343 in Monroeville is narrow, $15/mo net on $2,531/mo rent after the $1,587/mo debt service, but the property operates at break-even-plus, not a loss. At $353,000 with a 8.6% yield, the long-run equity case via 5% appreciation ($97,527 over five years) and $3,251/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.59 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $136,280.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $15 | $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 | $2,531 |
| Total Monthly Debt Service | $2,376 |
| DSCR Ratio | 1.07x |
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.
Single Family
Built in 1970
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08343, Monroeville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,829 (100%) |
| Owner Occupied HU | 1,528 (83.5%) |
| Renter Occupied HU | 191 (10.4%) |
| Vacant Housing Units | 110 ( 6.0%) |
| Median Home Value | $402,640 |
| Average Home Value | $432,155 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,636
Multi-Family
0
Businesses
57
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 1970
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08343, Monroeville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,829 (100%) |
| Owner Occupied HU | 1,528 (83.5%) |
| Renter Occupied HU | 191 (10.4%) |
| Vacant Housing Units | 110 ( 6.0%) |
| Median Home Value | $402,640 |
| Average Home Value | $432,155 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,636
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #NJGL2069804