202 Woodland DrLincroftNJ07738
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
Rental property for sale in Lincroft at 202 Woodland Dr, Lincroft, NJ, 07738 priced at $760,000 converts $5,438/mo rent into $21/mo cash flow after a $3,720/mo obligation. Total monthly income equals $5,438/mo, and annual cash flow totals $248/yr on $250,040 invested. Return on cash invested prints 20.16% in year one, and rental yield reads 8.59% against a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation compiles into $209,974 by year five. Five-year ROI reaches 105.39% and total cumulative return in cash sums $263,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,438/mo property income covering a $3,720/mo payment, not borrower’s personal income.
Single Family
Built in 1964
1.72 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JoAnn Wiener • C21 Thomson & Co.
Mls Name: HomeServices Property Management
Mls ID: #22534050