254 LakewoodNew EgyptNJ08533
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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 New Egypt at 254 Lakewood, New Egypt, NJ, 08533 uses $36,432 cash to close to unlock $559/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $830/mo, and a $538/mo payment keeps the spread at $47/mo. Purchase price stands at $109,900, and rental yield measures 9.06% with $830/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 112.33% and total cumulative return in cash records $40,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $830/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08533, New Egypt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 2,419 (82.5%) |
| Renter Occupied HU | 357 (12.2%) |
| Vacant Housing Units | 157 ( 5.4%) |
| Median Home Value | $500,963 |
| Average Home Value | $619,790 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,784
Multi-Family
9
Businesses
133
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Listed by: James Dattoli • RE/MAX Bay Point Realtors
Mls Name: MoreMLS
Mls ID: #22525581