1222B Argyll CirLakewoodNJ08701
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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
Rental property for sale in Lakewood at 1222B Argyll Cir, Lakewood, NJ, 08701 priced at $229,999 pairs $1,623/mo rent with after a $1,126/mo payment. Total monthly income equals $1,623/mo. Return on cash invested is 19.65% in year one, and rental yield stands at 8.47% on a $229,999 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,544 by year five. Five-year ROI measures 102.7% and total cumulative return in cash reaches $78,306. For financing, Ziffy Mortgage’s DSCR program evaluates $1,623/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
982 sqft lot
$N/A/sqft
No 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: ANN BERNADETTE C MOLINA • GLOBAL DABU REALTY
Mls Name: HCMLS
Mls ID: #250005946
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.