99 Joan CourtJacksonNJ08527
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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 99 Joan Court, Jackson, NJ, 08527 offers a 11.1% rental yield on a $389,900 purchase with $3,608/mo rent. Total monthly income registers $3,608/mo, and a $1,908/mo payment leaves $829/mo available for distribution. Annual cash flow reaches $9,951/yr on $129,252 to close, and return on cash invested stands at 27.61% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 145.37% and total cumulative return in cash at $187,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,608/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and 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: Rachel Iozzia • Elite Team Realty, LLC
Mls Name: MOMLS
Mls ID: #22519511