7 Steven Place, Jackson, NJ, 08527 | $131/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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7 Steven Place, Jackson, NJ, 08527 | $131/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jackson at 7 Steven Place, Jackson, NJ, 08527 with 5% annual appreciation on a $629,000 basis while $4,615/mo rent supports operations. Total monthly income totals $4,615/mo and a $3,079/mo payment preserves $131/mo for cash returns. Annual cash flow comes to $1,575/yr on $206,941 deployed, and return on cash invested reaches 20.82% in year one. Equity gained on principal adds $4,059/yr, and five-year appreciation sums $173,781 alongside rental yield of 8.8%. Five-year ROI measures 108.96% and total cumulative return in cash totals $225,489.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,615/mo property income versus a $3,079/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1965

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Come see this expanded 3 bedroom and 3 full bath ranch home. Upon your arrival you will fall in love with the curb appeal from the professional landscaping and well manicured lawn. Inside provides a large front living room, a formal dining room and a cozy family room area with a wood burning fireplace. There is a nicely sized kitchen with ample counter space. The main level provides 3 large bedrooms a full main bathroom in the hall and the primary bedroom has a private bathroom ensuite with space for laundry. The primary bedroom features a large walk in closet. Beautiful hardwood floors on the main level match the inviting qualities of this home. The partially finished walk out basement provides additional living space with an open rec room area and a full bathroom. There is additional finished space that can be used as needed. The fenced in backyard has a nice sized in ground pool, paver patio area and two sheds for storage. This home has owned solar panels and a backup generator to keep you up and running in any weather. This amazing home is ready for a new owner.

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