906 Spruce Hills Dr UNIT 906Glen GardnerNJ08826
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 906 Spruce Hills Dr UNIT 906, Glen Gardner, NJ, 08826 in Glen Gardner speaks for itself: 13.71% gross on a $224,900 price, generating $2,570/mo in rent and $672/mo in net income after the $1,011/mo debt service. DSCR 2.54, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,068 stacks alongside $62,136 in projected five-year appreciation and $2,071/yr in principal reduction. Projected total cumulative return: $130,743.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 6.2% |
| Monthly Cash Flow | $672 | $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 | $2,570 |
| Total Monthly Debt Service | $1,809 |
| DSCR Ratio | 1.42x |
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
$295 monthly HOA
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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
Condo
Built in 1988
N/A lot
$N/A/sqft
$295 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices