20 Bay Way, Lanoka Harbor, NJ, 08734 | 8.51% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lanoka Harbor at 20 Bay Way, Lanoka Harbor, NJ, 08734 priced at $329,000 pairs $2,333/mo rent with after a $1,610/mo payment. Total monthly income equals $2,333/mo. Return on cash invested is 19.78% in year one, and rental yield stands at 8.51% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 103.41% and total cumulative return in cash reaches $112,785. For financing, Ziffy Mortgage’s DSCR program evaluates $2,333/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1987

8,712 sqft lot

$N/A/sqft

No HOA