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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Jackson at 15 Walter Drive, Jackson, NJ, 08527 listed at $509,000 pairs $3,203/mo rent with a $2,491/mo payment. Total monthly income runs $3,203/mo. Return on cash invested measures 17.02% in year one, and rental yield registers 7.55% at a $509,000 basis. Equity gained on principal adds $3,285/yr, and annual property appreciation at 5% supports $140,627 by year five. Five-year ROI tracks 88.56% and total cumulative return in cash totals $148,297. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,203/mo property income relative to a $2,491/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08527, Jackson, NJ area.
| 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 |
Residential
21,557
Single Family
20,996
Multi-Family
561
Businesses
1,135
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $509,000 |
| 2022-10-04 | Sold | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $6474.18 | 1.04% | $256,200 | N/A |
| 2022-10-15 | $6407.56 | N/A | $256,200 | N/A |
| 2021-10-15 | $6407.56 | 2.50% | $256,200 | N/A |
Listed by: Blimi Meisels • Imperial Real Estate Agency
Mls Name: MOMLS
Mls Provider:
Mls ID: #22424541
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.
