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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% |
Investment property for sale in Manahawkin at 115 N Lakeshore Drive, Manahawkin, NJ, 08050 at $1,199,000 posts ROI 11.3% with from $5,610/mo rent. Total monthly income equals $5,610/mo. Return on cash invested measures 11.3% and rental yield reads 5.61% at the current $1,199,000. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 by year five. Five-year ROI prints 57.84% and total cumulative return in cash totals $224,685. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,610/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08050, Manahawkin, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,960 (100%) |
| Owner Occupied HU | 10,027 (67.0%) |
| Renter Occupied HU | 1,553 (10.4%) |
| Vacant Housing Units | 3,380 (22.6%) |
| Median Home Value | $457,496 |
| Average Home Value | $521,139 |
Residential
12,224
Single Family
11,848
Multi-Family
376
Businesses
767
Date | Event | Price |
|---|---|---|
| 1995-07-24 | Sold | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-09 | $14126.35 | 1.38% | $600,100 | N/A |
| 2022-05-09 | $13934.32 | N/A | $600,100 | N/A |
| 2021-05-09 | $13934.32 | 1.31% | $600,100 | N/A |
Listed by: Julie Shebroe • Compass New Jersey, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22513440
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.
