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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 Lake Como at 623 18th Avenue, Lake Como, NJ, 07719 earns $358/mo cash flow from $6,181/mo rent with a $3,916/mo payment. Total monthly income totals $6,181/mo, and annual cash flow totals $4,300/yr on $263,200 capital. ROI tracks 21.69% on current figures, and rental yield reads 9.27% at a $799,999 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 113.83% and total cumulative return in cash sums $299,587. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,181/mo property income instead of your personal income.
Condo
Built in 1915
N/A lot
$N/A/sqft
$120 monthly HOA
Neighborhood data shown for ZIP Code: 07719, Belmar, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,164 (100%) |
| Owner Occupied HU | 6,722 (60.2%) |
| Renter Occupied HU | 2,565 (23.0%) |
| Vacant Housing Units | 1,877 (16.8%) |
| Median Home Value | $785,079 |
| Average Home Value | $830,829 |
Residential
10,145
Single Family
9,362
Multi-Family
783
Businesses
1,118
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Price change | $799,999 |
| 2024-06-03 | Price change | $849,000 |
| 2024-05-25 | Price change | $888,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Edward James Szumski • Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Mls Name: MOMLS
Mls Provider:
Mls ID: #22500173
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.
