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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lakewood at 1120D Argyll Circle, Lakewood, NJ, 08701 generates $1,538/mo in rent, after a $978/mo payment. Total monthly income is $1,538/mo. Return on cash invested sits at 16.88% in year one, and rental yield is 9.23% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 89.69% and total cumulative return in cash sums $59,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,538/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
871.20 sqft lot
$N/A/sqft
$281 monthly HOA
Neighborhood data shown for ZIP Code: 08701, Lakewood, NJ area.
| 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 |
Residential
29,523
Single Family
27,488
Multi-Family
2,035
Businesses
3,052
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $199,900 |
| 2023-12-21 | Sold | $102,000 |
| 2015-04-21 | Sold | $49,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $1220.88 | 0.18% | $53,500 | N/A |
| 2022-04-16 | $1218.74 | N/A | $53,500 | N/A |
| 2021-04-16 | $1218.74 | 4.21% | $53,500 | N/A |
What's Special
Pull Down Stairs
Listed by: Nicholas A Gargiulo • C21/ Action Plus Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510614
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.
