111 Lawshe DrivePine BeachNJ08741
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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
Total monthly income runs $2,874/mo, and a $3,098/mo payment. Purchase price stands at $633,000, and rental yield measures 5.45% with $2,874/mo rent. Return on cash invested shows 10.62% in year one, and 5% annual appreciation builds toward $174,886 over five years. Five-year ROI reaches 54.27% and total cumulative return in cash records $113,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,874/mo property income covering a $3,098/mo payment rather than investor’s personal income.
Single Family
Built in 1957
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08741, Pine Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,190 (100%) |
| Owner Occupied HU | 900 (75.6%) |
| Renter Occupied HU | 186 (15.6%) |
| Vacant Housing Units | 104 ( 8.7%) |
| Median Home Value | $551,408 |
| Average Home Value | $605,528 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
70
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Listed by: Patricia Gesswein • Houwzer Inc.
Mls Name: MoreMLS
Mls ID: #22536354