373 Brookfield DriveJacksonNJ08527
Nearby investment properties with comparable rents
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
Rental property for sale in Jackson at 373 Brookfield Drive, Jackson, NJ, 08527 offers $3,875/mo rent that, after a $2,176/mo payment, leaves $464/mo cash flow. Total monthly income is $3,875/mo, and annual cash flow is $5,571/yr on $147,352 cash. Return on cash invested measures 23.69% in year one, and rental yield stands at 10.46% at a $444,500 entry. Equity gained on principal adds $2,868/yr while 5% annual appreciation compounds into $122,807 by year five. Five-year ROI records 125.09% and total cumulative return in cash reaches $184,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,875/mo property income versus a $2,176/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2005
0.30 Acres lot
$N/A/sqft
$242 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen Festino • C21/ Lawrence Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510912
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.