551 Bennington LaneLakewoodNJ08701
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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
Investment property for sale in Lakewood at 551 Bennington Lane, Lakewood, NJ, 08701 with 5% annual appreciation on a $1,199,000 basis while $3,972/mo rent supports operations. 47% in year one. Equity gained on principal adds $7,737/yr, and five-year appreciation sums $331,262 alongside rental yield of 3.98%. Five-year ROI measures 26.84% and total cumulative return in cash totals $104,277. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,972/mo property income versus a $5,869/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
N/A lot
$N/A/sqft
$750 quarterly 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: Esther P Goodman • Good Choice Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22514590
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.