3100 Route 35 #6LavalletteNJ08735
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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 Lavallette at 3100 Route 35 #6, Lavallette, NJ, 08735 offers a 5.55% rental yield on a $660,000 purchase with $3,054/mo rent. 73% in year one. Equity gained on principal adds $4,259/yr while 5% annual appreciation supports $182,346 over five years. Portfolio math shows five-year ROI at 44.91% and total cumulative return in cash at $97,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,054/mo property income against a $3,230/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08735, Lavallette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,299 (100%) |
| Owner Occupied HU | 1,520 (20.8%) |
| Renter Occupied HU | 197 ( 2.7%) |
| Vacant Housing Units | 5,582 (76.5%) |
| Median Home Value | $892,679 |
| Average Home Value | $990,875 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,698
Multi-Family
0
Businesses
149
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Listed by: Maureen Scheper • Keller Williams Shore Properties
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22518325
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.