16 Greenways LaneLakewoodNJ08701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16 Greenways Lane, Lakewood, NJ, 08701 earns from $3,599/mo rent with a $2,736/mo payment. Total monthly income totals $3,599/mo. ROI tracks 17.55% on current figures, and rental yield reads 7.73% at a $559,000 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 over five years. Five-year ROI reaches 91.38% and total cumulative return in cash sums $168,051. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,599/mo property income instead of your personal income.
Single Family
Built in 1996
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa A Perlowski • Diane Turton, Realtors-Brick
Mls Name: MoreMLS
Mls ID: #22530730