1807 Grand Central Avenue #2LavalletteNJ08735
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 Lavallette at 1807 Grand Central Avenue #2, Lavallette, NJ, 08735 offers a 5.29% rental yield on a $1,049,000 purchase with $4,627/mo rent. 31% in year one. Equity gained on principal adds $6,769/yr while 5% annual appreciation supports $289,819 over five years. Portfolio math shows five-year ROI at 52.53% and total cumulative return in cash at $178,540. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,627/mo property income against a $5,134/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08735, Lavallette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,299 (100%) |
| Owner Occupied HU | 1,520 (20.8%) |
| Renter Occupied HU | 197 ( 2.7%) |
| Vacant Housing Units | 5,582 (76.5%) |
| Median Home Value | $892,679 |
| Average Home Value | $990,875 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,698
Multi-Family
0
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Marino • RE/MAX at Barnegat Bay
Mls Name: MoreMLS
Mls ID: #22601241