257 Strickland BlvdLavalletteNJ08735
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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 Lavallette at 257 Strickland Blvd, Lavallette, NJ, 08735 offers $3,820/mo rent that, after a $6,363/mo payment. Total monthly income is $3,820/mo. Return on cash invested measures 4.85% in year one, and rental yield stands at 3.53% at a $1,299,999 entry. Equity gained on principal adds $8,389/yr while 5% annual appreciation compounds into $359,166 by year five. Five-year ROI records 23.27% and total cumulative return in cash reaches $98,007. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,820/mo property income versus a $6,363/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
N/A 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: MARCIA HICKS • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls ID: #2605508R