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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 1161A Argyll Circle, Lakewood, NJ, 08701 generates $2,758/mo in rent and, after a $1,463/mo payment, leaves $627/mo in cash flow. Total monthly income is $2,758/mo, and annual cash flow is $7,527/yr on $99,119 invested. Return on cash invested sits at 27.5% in year one, and rental yield is 11.07% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 144.83% and total cumulative return in cash sums $143,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,758/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1,742 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Maureen Rushalski • C21/ Solid Gold Realty
Mls Name: MoreMLS
Mls ID: #22527124
