217 Lazy Oak LnManahawkinNJ08050
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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
Investment Highlights
Rental property for sale in Manahawkin at 217 Lazy Oak Ln, Manahawkin, NJ, 08050 offers $4,550/mo rent that, after a $2,986/mo payment, leaves $202/mo cash flow. Total monthly income is $4,550/mo, and annual cash flow is $2,420/yr on $200,690 cash. Return on cash invested measures 21.27% in year one, and rental yield stands at 8.95% at a $610,000 entry. Equity gained on principal adds $3,936/yr while 5% annual appreciation compounds into $168,532 by year five. Five-year ROI records 111.33% and total cumulative return in cash reaches $223,423. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,550/mo property income versus a $2,986/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
10,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08050, Manahawkin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,960 (100%) |
| Owner Occupied HU | 10,027 (67.0%) |
| Renter Occupied HU | 1,553 (10.4%) |
| Vacant Housing Units | 3,380 (22.6%) |
| Median Home Value | $457,496 |
| Average Home Value | $521,139 |
Housing Distribution
Address Breakdown
Residential
12,224
Single Family
11,848
Multi-Family
376
Businesses
767
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Listed by: Jennifer Iadarola • SERHANT. New Jersey LLC
Mls Name: Bright MLS
Mls ID: #NJOC2036146