3191 Route 35LavalletteNJ08735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3191 Route 35, Lavallette, NJ, 08735 listed at $1,079,000 pairs $2,363/mo rent with a $5,281/mo payment. Total monthly income runs $2,363/mo. Return on cash invested measures 2.08% in year one, and rental yield registers 2.63% at a $1,079,000 basis. Equity gained on principal adds $6,963/yr, and annual property appreciation at 5% supports $298,108 by year five. Five-year ROI tracks 8.42% and total cumulative return in cash totals $29,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,363/mo property income relative to a $5,281/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2,613 sqft lot
$N/A/sqft
No 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: Angela Serio • Ocean Beach Sales
Mls Name: MoreMLS
Mls ID: #22526278