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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Laurence Harbor at 21 Lantana Way, Laurence Harbor, NJ, 08879 priced at $320,000 converts $2,684/mo rent into $403/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,684/mo, and annual cash flow totals $4,840/yr on $106,080 invested. Return on cash invested prints 24.47% in year one, and rental yield reads 10.06% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 128.57% and total cumulative return in cash sums $136,383. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,684/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1951
3,807 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 5,998 (57.3%) |
| Renter Occupied HU | 4,130 (39.4%) |
| Vacant Housing Units | 342 ( 3.3%) |
| Median Home Value | $445,825 |
| Average Home Value | $492,152 |
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
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: KIMBERLY PAVLIK • RE/MAX COUNTRY
Mls Name: All Jersey MLS
Mls ID: #2660404M
