32 Locust AvenueJacksonNJ08527
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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 32 Locust Avenue, Jackson, NJ, 08527 offers $3,614/mo rent that, after a $2,349/mo payment, leaves $193/mo cash flow. Total monthly income is $3,614/mo, and annual cash flow is $2,319/yr on $159,087 cash. Return on cash invested measures 21.37% in year one, and rental yield stands at 9.04% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 111.9% and total cumulative return in cash reaches $178,017. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,614/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,098 sqft 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: JodiAnn Garone • Real Broker LLC -Freehold 2
Mls Name: MoreMLS
Mls ID: #22531486