301 Chestnut Drive, Lanoka Harbor, NJ, 08734 | $888/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lanoka Harbor at 301 Chestnut Drive, Lanoka Harbor, NJ, 08734 at $485,000 posts ROI 26.54% with $888/mo cash flow from $4,345/mo rent. Total monthly income equals $4,345/mo, and annual cash flow records $10,654/yr on $160,778 to close. Return on cash invested measures 26.54% and rental yield reads 10.75% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 139.6% and total cumulative return in cash totals $224,438.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,345/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1985

0.28 Acres lot

$N/A/sqft

No HOA