127 Meli LaneJacksonNJ08527
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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
Total monthly income runs $2,054/mo, and a $1,468/mo payment. Purchase price stands at $299,900, and rental yield measures 8.22% with $2,054/mo rent. Return on cash invested shows 13.89% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 73.63% and total cumulative return in cash records $73,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,054/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1988
871.20 sqft lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08527, Jackson, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,842 (100%) |
| Owner Occupied HU | 17,881 (78.3%) |
| Renter Occupied HU | 3,943 (17.3%) |
| Vacant Housing Units | 1,018 ( 4.5%) |
| Median Home Value | $551,706 |
| Average Home Value | $589,090 |
Housing Distribution
Address Breakdown
Residential
21,557
Single Family
20,996
Multi-Family
561
Businesses
1,135
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Listed by: Kathleen Festino • C21/ Lawrence Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22524527
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.