1741 Lakeside DrWilliamstownNJ08094
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 Williamstown at 1741 Lakeside Dr, Williamstown, NJ, 08094 earns $606/mo cash flow from $3,313/mo rent with a $1,859/mo payment. Total monthly income totals $3,313/mo, and annual cash flow totals $7,270/yr on $125,896 capital. ROI tracks 25.68% on current figures, and rental yield reads 10.47% at a $379,777 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,925 over five years. Five-year ROI reaches 135.04% and total cumulative return in cash sums $170,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,313/mo property income instead of your personal income.
Single Family
Built in 1970
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08094, Williamstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 13,113 (77.5%) |
| Renter Occupied HU | 2,989 (17.7%) |
| Vacant Housing Units | 814 ( 4.8%) |
| Median Home Value | $338,345 |
| Average Home Value | $360,444 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
15,137
Multi-Family
1,253
Businesses
776
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Coffee • HOF Realty
Mls Name: Bright MLS
Mls ID: #NJGL2062384