23 E Plover WayLavalletteNJ08735
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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
Investment property for sale in Lavallette at 23 E Plover Way, Lavallette, NJ, 08735 at $625,000 posts ROI 10.89% with from $2,884/mo rent. Total monthly income equals $2,884/mo. Return on cash invested measures 10.89% and rental yield reads 5.54% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 55.72% and total cumulative return in cash totals $114,565. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,884/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
1,742 sqft lot
$N/A/sqft
No 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
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Listed by: Michael Sclafani • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22526769