307 Cedar Drive, Lanoka Harbor, NJ, 08734 | $1,141/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

Rental property for sale in Lanoka Harbor at 307 Cedar Drive, Lanoka Harbor, NJ, 08734 generates $4,697/mo in rent and, after a $2,442/mo payment, leaves $1,141/mo in cash flow. Total monthly income is $4,697/mo, and annual cash flow is $13,687/yr on $165,419 invested. Return on cash invested sits at 28.18% in year one, and rental yield is 11.3% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 148.45% and total cumulative return in cash sums $245,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,697/mo property income rather than buyer’s personal income.

Single Family

Built in 2008

0.69 Acres lot

$N/A/sqft

No HOA