390 Frank Applegate RoadJacksonNJ08527
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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
Investment property for sale in Jackson at 390 Frank Applegate Road, Jackson, NJ, 08527 listed at $595,000 pairs $4,759/mo rent with a $2,912/mo payment to leave $518/mo cash flow. Total monthly income runs $4,759/mo, and annual cash flow reaches $6,218/yr on $195,755 cash to close. Return on cash invested measures 23.24% in year one, and rental yield registers 9.6% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 121.91% and total cumulative return in cash totals $238,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,759/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
1.08 Acres 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: Sheindel Goldman • HomeSmart First Advantage
Mls Name: MoreMLS
Mls ID: #22535848