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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakewood at 6 11th Street, Lakewood, NJ, 08701 at $1,250,000 posts ROI 4.81% with from $3,658/mo rent. Total monthly income equals $3,658/mo. Return on cash invested measures 4.81% and rental yield reads 3.51% at the current $1,250,000. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 by year five. Five-year ROI prints 23.04% and total cumulative return in cash totals $93,313. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,658/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08701, Lakewood, NJ area.
| 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 |
Residential
29,523
Single Family
27,488
Multi-Family
2,035
Businesses
3,052
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Caitrin D Matkiwsky • Evermoore Homes & Estate PC
Mls Name: MoreMLS
Mls ID: #22528531
