546 Sheffield Ct #ALakewoodNJ08701
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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 Lakewood at 546 Sheffield Ct #A, Lakewood, NJ, 08701 priced at $174,999 pairs $1,400/mo rent with $152/mo cash flow after a $857/mo payment. Total monthly income equals $1,400/mo, and annual cash flow comes to $1,826/yr on $58,012 invested. Return on cash invested is 23.06% in year one, and rental yield stands at 9.6% on a $174,999 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 121.04% and total cumulative return in cash reaches $70,219. For financing, Ziffy Mortgage’s DSCR program evaluates $1,400/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08701, Lakewood, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
29,523
Single Family
27,488
Multi-Family
2,035
Businesses
3,052
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A