1311 Violet Lane #1311JacksonNJ08527
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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
Rental property for sale in Jackson at 1311 Violet Lane #1311, Jackson, NJ, 08527 generates $3,360/mo in rent and, after a $1,382/mo payment, leaves $1,025/mo in cash flow. Total monthly income is $3,360/mo, and annual cash flow is $12,294/yr on $93,582 invested. Return on cash invested sits at 33.05% in year one, and rental yield is 14.28% on a $282,300 entry. Equity gained on principal adds $1,822/yr, while 5% annual appreciation builds toward $77,994 over five years. Five-year ROI reaches 176.04% and total cumulative return in cash sums $164,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
435.60 sqft lot
$N/A/sqft
$323 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: Andrew Botwinick • C21/ Mack Morris Iris Lurie
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22521209
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.