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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% |
Rental property for sale in Jackson at 22 Gables Way, Jackson, NJ, 08527 priced at $599,999 converts $3,875/mo rent into after a $2,937/mo obligation. Total monthly income equals $3,875/mo. Return on cash invested prints 15.58% in year one, and rental yield reads 7.75% against a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 81.57% and total cumulative return in cash sums $161,015. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,875/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Condo
Built in 2005
7,405 sqft lot
$N/A/sqft
$335 monthly 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 |
|---|---|---|
| 2024-10-02 | Price change | $599,999 |
| 2024-09-26 | Price change | $615,000 |
| 2024-09-07 | Listed for sale | $630,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $8904.00 | 1.29% | $354,600 | N/A |
| 2022-10-15 | $8790.53 | N/A | $354,600 | N/A |
| 2021-10-15 | $8790.53 | 2.74% | $354,600 | N/A |
What's Special
Walk-up
Listed by: Kelly Cutillo • Diane Turton, Realtors-Avon
Mls Name: MOMLS
Mls Provider:
Mls ID: #22426003
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.
