309 Lawrence Dr, Lanoka Harbor, NJ, 08734 | 3.08% Rental Yield

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 309 Lawrence Dr, Lanoka Harbor, NJ, 08734 priced at $439,999 converts $1,129/mo rent into after a $2,154/mo obligation. Total monthly income equals $1,129/mo. Return on cash invested prints 3.39% in year one, and rental yield reads 3.08% against a $439,999 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,564 by year five. Five-year ROI reaches 15.52% and total cumulative return in cash sums $22,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,129/mo property income covering a $2,154/mo payment, not borrower’s personal income.

Single Family

Built in 1974

7,841 sqft lot

$N/A/sqft

No HOA