63 Eckert Drive, Lincroft, NJ, 07738 | 6.03% Rental Yield

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Price: $300K - 500K

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63 Eckert Drive, Lincroft, NJ, 07738 | 6.03% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lincroft at 63 Eckert Drive, Lincroft, NJ, 07738 offers $4,849/mo rent that, after a $4,723/mo payment. Total monthly income is $4,849/mo. Return on cash invested measures 12.39% in year one, and rental yield stands at 6.03% at a $965,000 entry. Equity gained on principal adds $6,227/yr while 5% annual appreciation compounds into $266,612 by year five. Five-year ROI records 63.72% and total cumulative return in cash reaches $202,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,849/mo property income versus a $4,723/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 2018

N/A lot

$N/A/sqft

No HOA

More details about the property

COMING SOON - TUESDAY, NOVEMBER 4th. Refined sophistication meets modern comfort in this beautifully appointed 3-bedroom, 2.5-bath townhome, perfectly situated on a premium wooded lot in Four Ponds at Lincroft by K. Hovnanian. Enjoy the serenity of a private perimeter location with lush, tranquil views. The open-concept main level is designed for effortless entertaining, featuring a light-filled living and dining area that opens to the patio, and a chef's kitchen with an oversized island, quartz countertops, stainless steel appliances, double ovens, pantry, and reverse-osmosis water filtration. Elegant upgrades include 9'' white oak flooring, fresh designer paint, a custom fireplace with built-ins, a new dry bar with quartzite countertop and wine fridge, and a refinished staircase with white oak treads and iron spindlesevery detail curated for style and function.Upstairs, a spacious loft with custom built-ins complements two secondary bedrooms and a luxurious primary suite showcasing a walk-in closet and a spa-inspired bath with dual vanities and a glass-enclosed shower. Four Ponds at Lincroft offers resort-style amenities including a clubhouse, pool, fitness center, playgrounds, and walking paths. Located minutes from Red Bank, area beaches, and NYC transitwhere elegance, convenience, and lifestyle come beautifully together.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07738, Lincroft, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,618 (100%)
Owner Occupied HU	2,199 (84.0%)
Renter Occupied HU	331 (12.6%)
Vacant Housing Units	88 ( 3.4%)
Median Home Value	$812,720
Average Home Value	$857,824