100 Pine Street UNIT 9LakehurstNJ08733
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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 Lakehurst at 100 Pine Street UNIT 9, Lakehurst, NJ, 08733 uses $132,269 cash to close to unlock $6,419/yr annual cash flow and $535/mo monthly cash flow. Total monthly income runs $3,514/mo, and a $1,953/mo payment keeps the spread at $535/mo. Purchase price stands at $399,000, and rental yield measures 10.57% with $3,514/mo rent. Return on cash invested shows 24.76% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 130.53% and total cumulative return in cash records $172,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,514/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Condo
Built in 2007
1,306 sqft lot
$N/A/sqft
$135 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08733, Lakehurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,044 (100%) |
| Owner Occupied HU | 643 (61.6%) |
| Renter Occupied HU | 344 (33.0%) |
| Vacant Housing Units | 57 ( 5.5%) |
| Median Home Value | $283,989 |
| Average Home Value | $303,293 |
Housing Distribution
Address Breakdown
Residential
955
Single Family
955
Multi-Family
0
Businesses
217
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Listed by: Nicole Carrera • Diane Turton, Realtors-Spring Lake
Mls Name: MOMLS
Mls Provider:
Mls ID: #22520025
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.