14 Penny LaneJacksonNJ08527
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
Investment Highlights
Rental property for sale in Jackson at 14 Penny Lane, Jackson, NJ, 08527 priced at $325,000 converts $3,330/mo rent into $1,013/mo cash flow after a $1,591/mo obligation. Total monthly income equals $3,330/mo, and annual cash flow totals $12,158/yr on $107,738 invested. Return on cash invested prints 31.19% in year one, and rental yield reads 12.3% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 164.62% and total cumulative return in cash sums $177,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,330/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No 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: Alaina Couch • Keller Williams Realty West Monmouth
Mls Name: MoreMLS
Mls ID: #22533581