63 E Rutherford LaneLavalletteNJ08735
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Nearby investment properties with comparable prices
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 Lavallette at 63 E Rutherford Lane, Lavallette, NJ, 08735 earns from $2,423/mo rent with a $3,597/mo payment. Total monthly income totals $2,423/mo. ROI tracks 6.09% on current figures, and rental yield reads 3.96% at a $735,000 purchase. Equity gained on principal adds $4,743/yr, and 5% annual appreciation supports $203,067 over five years. Five-year ROI reaches 29.94% and total cumulative return in cash sums $72,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,423/mo property income instead of your personal income.
Single Family
Built in 1930
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08735, Lavallette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,299 (100%) |
| Owner Occupied HU | 1,520 (20.8%) |
| Renter Occupied HU | 197 ( 2.7%) |
| Vacant Housing Units | 5,582 (76.5%) |
| Median Home Value | $892,679 |
| Average Home Value | $990,875 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,698
Multi-Family
0
Businesses
149
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Listed by: Sharon Miranda • EXIT Realty Jersey Shore
Mls Name: MoreMLS
Mls ID: #22534218