280 Lakewood RdNew 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 280 Lakewood Rd, New Egypt, NJ, 08533 with 5% annual appreciation on a $550,000 basis while $3,581/mo rent supports operations. 81% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 7.81%. Five-year ROI measures 92.79% and total cumulative return in cash totals $167,902. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,581/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
1.19 Acres 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: Peter Boutros • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJOC2038838