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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakewood at 4 James Street, Lakewood, NJ, 08701 at $1,175,000 posts ROI 11.59% with from $5,590/mo rent. Total monthly income equals $5,590/mo. Return on cash invested measures 11.59% and rental yield reads 5.71% at the current $1,175,000. Equity gained on principal adds $7,582/yr, and 5% annual appreciation supports $324,631 by year five. Five-year ROI prints 59.4% and total cumulative return in cash totals $226,126. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,590/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08701, Lakewood, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,501 (100%) |
| Owner Occupied HU | 17,812 (47.5%) |
| Renter Occupied HU | 16,760 (44.7%) |
| Vacant Housing Units | 2,929 ( 7.8%) |
| Median Home Value | $566,588 |
| Average Home Value | $610,438 |
Residential
29,523
Single Family
27,488
Multi-Family
2,035
Businesses
3,052
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $1,175,000 |
| 2018-09-26 | Sold | $438,300 |
| 2018-08-07 | Price change | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $9506.81 | 0.18% | $416,600 | N/A |
| 2022-10-15 | $9490.14 | N/A | $416,600 | N/A |
| 2021-10-15 | $9490.14 | 4.21% | $416,600 | N/A |
Listed by: Blima Goldberger • Waxman Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428395
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.
