80 Rita LaneJacksonNJ08527
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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 80 Rita Lane, Jackson, NJ, 08527 priced at $351,000 pairs $3,023/mo rent with $521/mo cash flow after a $1,718/mo payment. Total monthly income equals $3,023/mo, and annual cash flow comes to $6,253/yr on $116,357 invested. Return on cash invested is 25.28% in year one, and rental yield stands at 10.34% on a $351,000 basis. Equity gained on principal adds $2,265/yr, and 5% annual appreciation accumulates to $96,975 by year five. Five-year ROI measures 132.93% and total cumulative return in cash reaches $154,672. For financing, Ziffy Mortgage’s DSCR program evaluates $3,023/mo property income against a $1,718/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
871.20 sqft 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: Azuolas Seduikis • Brielle Realty
Mls Name: MoreMLS
Mls ID: #22535477