113A Edinburgh LaneLakewoodNJ08701
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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 113A Edinburgh Lane, Lakewood, NJ, 08701 listed at $180,000 pairs $2,762/mo rent with a $881/mo payment to leave $1,133/mo cash flow. Total monthly income runs $2,762/mo, and annual cash flow reaches $13,596/yr on $59,670 cash to close. Return on cash invested measures 42.69% in year one, and rental yield registers 18.41% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 228.77% and total cumulative return in cash totals $136,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,762/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
1,306 sqft lot
$N/A/sqft
$346 monthly 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: Donna Marie M Jungsberger • Diane Turton, Realtors-Brick
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22521886
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.