47 Lincoln GardensLake HiawathaNJ07034
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
Rental property for sale in Lake Hiawatha at 47 Lincoln Gardens, Lake Hiawatha, NJ, 07034 offers $1,781/mo rent that, after a $1,268/mo payment. Total monthly income is $1,781/mo. Return on cash invested measures 15.67% in year one, and rental yield stands at 8.25% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 82.56% and total cumulative return in cash reaches $70,888. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,781/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1960
871.20 sqft lot
$N/A/sqft
$238 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07034, Lake Hiawatha, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,222 (55.3%) |
| Renter Occupied HU | 1,677 (41.8%) |
| Vacant Housing Units | 117 ( 2.9%) |
| Median Home Value | $460,301 |
| Average Home Value | $491,363 |
Housing Distribution
Address Breakdown
Residential
3,719
Single Family
3,709
Multi-Family
10
Businesses
189
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Nearby investment properties with comparable prices
Listed by: Jenna Brown • Keller Williams Premier
Mls Name: GSMLS
Mls Provider:
Mls ID: #3958675
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