16 Hickory LaneLincroftNJ07738
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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 16 Hickory Lane, Lincroft, NJ, 07738 at $1,050,000 posts ROI 8.05% with from $3,990/mo rent. Total monthly income equals $3,990/mo. Return on cash invested measures 8.05% and rental yield reads 4.56% at the current $1,050,000. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 by year five. Five-year ROI prints 40.38% and total cumulative return in cash totals $137,381. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,990/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
1.11 Acres lot
$N/A/sqft
No 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: Michael Smith • Weichert Realtors-Rumson
Mls Name: MoreMLS
Mls ID: #22532086