29A Buckingham DriveLakewoodNJ08701
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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 Lakewood at 29A Buckingham Drive, Lakewood, NJ, 08701 at $190,000 posts ROI 33.12% with $694/mo cash flow from $2,347/mo rent. Total monthly income equals $2,347/mo, and annual cash flow records $8,324/yr on $62,985 to close. Return on cash invested measures 33.12% and rental yield reads 14.82% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 177.01% and total cumulative return in cash totals $111,492.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,347/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
871.20 sqft lot
$N/A/sqft
$299 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08701, Lakewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,501 (100%) |
| Owner Occupied HU | 17,812 (47.5%) |
| Renter Occupied HU | 16,760 (44.7%) |
| Vacant Housing Units | 2,929 ( 7.8%) |
| Median Home Value | $566,588 |
| Average Home Value | $610,438 |
Housing Distribution
Address Breakdown
Residential
29,523
Single Family
27,488
Multi-Family
2,035
Businesses
3,052
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Listed by: Steven Schultz • Curran Group Real Estate Services
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22504163
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.