89 Rita LnJacksonNJ08527
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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
Investment property for sale in Jackson at 89 Rita Ln, Jackson, NJ, 08527 offers a 10.19% rental yield on a $361,900 purchase with $3,074/mo rent. Total monthly income registers $3,074/mo, and a $1,771/mo payment leaves $495/mo available for distribution. Annual cash flow reaches $5,937/yr on $119,970 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $2,335/yr while 5% annual appreciation supports $99,986 over five years. Portfolio math shows five-year ROI at 130.61% and total cumulative return in cash at $156,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,074/mo property income against a $1,771/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
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: N/A • N/A
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