309 Manapaqua AvenueLakehurstNJ08733
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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 Lakehurst at 309 Manapaqua Avenue, Lakehurst, NJ, 08733 earns $488/mo cash flow from $2,954/mo rent with a $1,694/mo payment. Total monthly income totals $2,954/mo, and annual cash flow totals $5,859/yr on $114,699 capital. ROI tracks 25.02% on current figures, and rental yield reads 10.25% at a $346,000 purchase. Equity gained on principal adds $2,233/yr, and 5% annual appreciation supports $95,593 over five years. Five-year ROI reaches 131.48% and total cumulative return in cash sums $150,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,954/mo property income instead of your personal income.
Single Family
Built in 1945
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08733, Lakehurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,044 (100%) |
| Owner Occupied HU | 643 (61.6%) |
| Renter Occupied HU | 344 (33.0%) |
| Vacant Housing Units | 57 ( 5.5%) |
| Median Home Value | $283,989 |
| Average Home Value | $303,293 |
Housing Distribution
Address Breakdown
Residential
955
Single Family
955
Multi-Family
0
Businesses
217
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Listed by: Chelsea Brown • Berkshire Hathaway HomeServices Zack Shore Realtors
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22523429
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.