8 Spruce TerraceJacksonNJ08527
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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
Rental property for sale in Jackson at 8 Spruce Terrace, Jackson, NJ, 08527 generates $3,673/mo in rent and, after a $2,521/mo payment, leaves $2/mo in cash flow. Total monthly income is $3,673/mo, and annual cash flow is $22/yr on $169,435 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 8.56% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 104.93% and total cumulative return in cash sums $177,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,673/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
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
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Listed by: Tsivia Cynamon • Crossroads Realty Sapphire Group
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22519862
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.