385 Shoreland CirLaurence HarborNJ08879
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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 Laurence Harbor at 385 Shoreland Cir, Laurence Harbor, NJ, 08879 listed at $332,500 pairs $2,198/mo rent with a $1,627/mo payment. Total monthly income runs $2,198/mo. Return on cash invested measures 18.04% in year one, and rental yield registers 7.93% at a $332,500 basis. Equity gained on principal adds $2,146/yr, and annual property appreciation at 5% supports $91,864 by year five. Five-year ROI tracks 94.08% and total cumulative return in cash totals $103,696. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,198/mo property income relative to a $1,627/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 5,998 (57.3%) |
| Renter Occupied HU | 4,130 (39.4%) |
| Vacant Housing Units | 342 ( 3.3%) |
| Median Home Value | $445,825 |
| Average Home Value | $492,152 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
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Listed by: ANDRES OSPINA • KELLER WILLIAMS PARK VIEWS REA
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2514895R
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