104 Silverlawns DriveLakewoodNJ08701
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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 Lakewood at 104 Silverlawns Drive, Lakewood, NJ, 08701 earns $120/mo cash flow from $3,078/mo rent with a $2,031/mo payment. Total monthly income totals $3,078/mo, and annual cash flow totals $1,442/yr on $137,573 capital. ROI tracks 20.96% on current figures, and rental yield reads 8.9% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 109.72% and total cumulative return in cash sums $150,945. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,078/mo property income instead of your personal income.
Single Family
Built in 1995
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08701, Lakewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,501 (100%) |
| Owner Occupied HU | 17,812 (47.5%) |
| Renter Occupied HU | 16,760 (44.7%) |
| Vacant Housing Units | 2,929 ( 7.8%) |
| Median Home Value | $566,588 |
| Average Home Value | $610,438 |
Housing Distribution
Address Breakdown
Residential
29,523
Single Family
27,488
Multi-Family
2,035
Businesses
3,052
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Listed by: Phyllis Capozzi • Realty One Group Emerge
Mls Name: MoreMLS
Mls ID: #22602143