




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lake Hiawatha at 2 Buckingham Rd, Lake Hiawatha, NJ, 07034 offers $5,760/mo rent that, after a $3,911/mo payment, leaves $65/mo cash flow. Total monthly income is $5,760/mo, and annual cash flow is $775/yr on $262,871 cash. Return on cash invested measures 20.36% in year one, and rental yield stands at 8.65% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 106.44% and total cumulative return in cash reaches $279,810. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,760/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07034, Lake Hiawatha, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,222 (55.3%) |
| Renter Occupied HU | 1,677 (41.8%) |
| Vacant Housing Units | 117 ( 2.9%) |
| Median Home Value | $460,301 |
| Average Home Value | $491,363 |
Residential
3,719
Single Family
3,709
Multi-Family
10
Businesses
189
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jerome Sahlman • Village Square Realtors
Mls Name: GSMLS
Mls ID: #3977576