6 Pitney LaneJacksonNJ08527
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 6 Pitney Lane, Jackson, NJ, 08527 generates $5,192/mo in rent, after a $7,342/mo payment. Total monthly income is $5,192/mo. Return on cash invested sits at 6.79% in year one, and rental yield is 4.15% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 33.65% and total cumulative return in cash sums $163,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,192/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tsivia Cynamon • Crossroads Realty Sapphire Group
Mls Name: MOMLS
Mls Provider:
Mls ID: #22331948
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.