414 Hialeah DriveLavalletteNJ08735
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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
Rental property for sale in Lavallette at 414 Hialeah Drive, Lavallette, NJ, 08735 generates $4,498/mo in rent, after a $5,281/mo payment. Total monthly income is $4,498/mo. Return on cash invested sits at 9.41% in year one, and rental yield is 5% on a $1,078,900 entry. Equity gained on principal adds $6,962/yr, while 5% annual appreciation builds toward $298,080 over five years. Five-year ROI reaches 47.71% and total cumulative return in cash sums $166,771. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,498/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
4,791 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: Gina Scodella • RE/MAX Revolution
Mls Name: MoreMLS
Mls ID: #22514480