15 Lawley Drive UNIT 103LincroftNJ07738
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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 Lincroft at 15 Lawley Drive UNIT 103, Lincroft, NJ, 07738 earns from $5,550/mo rent with a $4,785/mo payment. Total monthly income totals $5,550/mo. ROI tracks 13.67% on current figures, and rental yield reads 6.81% at a $977,700 purchase. Equity gained on principal adds $6,309/yr, and 5% annual appreciation supports $270,120 over five years. Five-year ROI reaches 71% and total cumulative return in cash sums $228,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,550/mo property income instead of your personal income.
Townhouse
Built in 2018
0.44 Acres lot
$N/A/sqft
$294 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07738, Lincroft, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,618 (100%) |
| Owner Occupied HU | 2,199 (84.0%) |
| Renter Occupied HU | 331 (12.6%) |
| Vacant Housing Units | 88 ( 3.4%) |
| Median Home Value | $812,720 |
| Average Home Value | $857,824 |
Housing Distribution
Address Breakdown
Residential
2,554
Single Family
2,305
Multi-Family
249
Businesses
232
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Listed by: Angel Martinez • Keller Williams Realty West Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22426025
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.