220 Jackson AveRockawayNJ07866
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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
Investment property for sale in Rockaway at 220 Jackson Ave, Rockaway, NJ, 07866 at $549,999 posts ROI 21.52% with $221/mo cash flow from $4,216/mo rent. Total monthly income equals $4,216/mo, and annual cash flow records $2,648/yr on $180,950 to close. Return on cash invested measures 21.52% and rental yield reads 9.2% at the current $549,999. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 112.89% and total cumulative return in cash totals $204,273.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,216/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1944
0.25 Acres lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07866, Rockaway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 7,428 (77.6%) |
| Renter Occupied HU | 1,721 (18.0%) |
| Vacant Housing Units | 428 ( 4.5%) |
| Median Home Value | $482,983 |
| Average Home Value | $538,570 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
9,016
Multi-Family
9
Businesses
949
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Listed by: Catherine Loran • Re/Max Select
Mls Name: GSMLS
Mls Provider:
Mls ID: #3956297
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