609 B Willow Court UNIT BLakehurstNJ08733
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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 Lakehurst at 609 B Willow Court UNIT B, Lakehurst, NJ, 08733 priced at $259,000 converts $2,040/mo rent into after a $1,268/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 16.65% in year one, and rental yield reads 9.45% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 88.75% and total cumulative return in cash sums $76,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
$427 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08733, Lakehurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,044 (100%) |
| Owner Occupied HU | 643 (61.6%) |
| Renter Occupied HU | 344 (33.0%) |
| Vacant Housing Units | 57 ( 5.5%) |
| Median Home Value | $283,989 |
| Average Home Value | $303,293 |
Housing Distribution
Address Breakdown
Residential
955
Single Family
955
Multi-Family
0
Businesses
217
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Listed by: Karen Naedele • Crossroads Realty Inc-WH
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508676
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.