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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% |
Rental property for sale in Lakewood at 69 N Crest Place, Lakewood, NJ, 08701 generates $5,305/mo in rent, after a $3,764/mo payment. Total monthly income is $5,305/mo. Return on cash invested sits at 19.22% in year one, and rental yield is 8.28% on a $769,000 entry. Equity gained on principal adds $4,962/yr, while 5% annual appreciation builds toward $212,461 over five years. Five-year ROI reaches 100.38% and total cumulative return in cash sums $253,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,305/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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 |
|---|---|---|
| 2021-03-02 | Sold | $440,000 |
| 2019-02-15 | Sold | $210,889 |
| 2014-04-28 | Sold | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-01 | $8121.64 | 0.29% | $355,900 | N/A |
| 2022-05-01 | $8098.30 | N/A | $355,900 | N/A |
| 2021-05-01 | $8098.30 | 4.21% | $355,900 | 0.11% |
Listed by: Miriam Bergman • Keller Williams Shore Properties
Mls Name: MOMLS
Mls Provider:
Mls ID: #22512452
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.
