45 Spencer 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
Total monthly income runs $4,361/mo, and a $3,108/mo payment. Purchase price stands at $635,000, and rental yield measures 8.24% with $4,361/mo rent. Return on cash invested shows 17.19% in year one, and 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 90.15% and total cumulative return in cash records $188,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,361/mo property income covering a $3,108/mo payment rather than investor’s personal income.
Single Family
Built in 2004
10,454 sqft lot
$N/A/sqft
$335 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: Kevin Ward • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507873
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.