7 Locust StreetLakehurstNJ08733
Nearby investment properties with comparable rents
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 Lakehurst at 7 Locust Street, Lakehurst, NJ, 08733 at $299,888 posts ROI 28.55% with $716/mo cash flow from $2,854/mo rent. Total monthly income equals $2,854/mo, and annual cash flow records $8,595/yr on $99,413 to close. Return on cash invested measures 28.55% and rental yield reads 11.42% at the current $299,888. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,854 by year five. Five-year ROI prints 150.46% and total cumulative return in cash totals $149,581.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,854/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Gianna Franceschi • Del Virginia Realtors
Mls Name: MOMLS
Mls ID: #22524904