507 Laurelwood Dr, Lanoka Harbor, NJ, 08734 | $194/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1364 sft

1032 Amsterdam Avenue, Toms River, NJ, 08757

3 Bed
3 Bath
1656 sft

784 Constitution Dr, Brick, NJ, 08724

3 Bed
3 Bath
1890 sft

96 Sandy Point Drive, Brick, NJ, 08723

4 Bed
2 Bath
1792 sft

97 Bowline Street, Beachwood, NJ, 08722

Nearby investment properties with comparable prices

3 Bed
3 Bath
1925 sft

32 Baybreeze Dr, Waretown, NJ, 08758

3 Bed
2 Bath
2000 sft

44 E Long Branch Avenue, Ocean Gate, NJ, 08740

3 Bed
2 Bath
1515 sft

105 Menlow Court, Toms River, NJ, 08755

3 Bed
3 Bath
1786 sft

641 Ship Avenue, Beachwood, NJ, 08722

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lanoka Harbor at 507 Laurelwood Dr, Lanoka Harbor, NJ, 08734 generates $4,328/mo in rent and, after a $2,839/mo payment, leaves $194/mo in cash flow. Total monthly income is $4,328/mo, and annual cash flow is $2,324/yr on $190,820 invested. Return on cash invested sits at 21.28% in year one, and rental yield is 8.95% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 111.39% and total cumulative return in cash sums $212,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,328/mo property income rather than buyer’s personal income.

Single Family

Built in 1985

0.29 Acres lot

$N/A/sqft

No HOA