161 Lilac CourtJacksonNJ08527
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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 161 Lilac Court, Jackson, NJ, 08527 priced at $215,000 converts $1,462/mo rent into after a $1,052/mo obligation. Total monthly income equals $1,462/mo. Return on cash invested prints 18.73% in year one, and rental yield reads 8.16% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 97.74% and total cumulative return in cash sums $69,661. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,462/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Condo
Built in N/A
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: Gina Koenig • Diane Turton, Realtors-Point Pleasant Boro
Mls Name: MoreMLS
Mls ID: #22601895