220 W Bayview DriveLavalletteNJ08735
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 Lavallette at 220 W Bayview Drive, Lavallette, NJ, 08735 priced at $1,125,000 converts $3,978/mo rent into after a $5,506/mo obligation. Total monthly income equals $3,978/mo. Return on cash invested prints 6.86% in year one, and rental yield reads 4.24% against a $1,125,000 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation compiles into $310,817 by year five. Five-year ROI reaches 34.09% and total cumulative return in cash sums $124,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,978/mo property income covering a $5,506/mo payment, not borrower’s personal income.
Single Family
Built in 2006
2,178 sqft lot
$N/A/sqft
$772 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08735, Lavallette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,299 (100%) |
| Owner Occupied HU | 1,520 (20.8%) |
| Renter Occupied HU | 197 ( 2.7%) |
| Vacant Housing Units | 5,582 (76.5%) |
| Median Home Value | $892,679 |
| Average Home Value | $990,875 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,698
Multi-Family
0
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Swartz • Ocean Beach Sales
Mls Name: MOMLS
Mls Provider:
Mls ID: #22501275
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.