72 Pershing BoulevardLavalletteNJ08735
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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
Rental property for sale in Lavallette at 72 Pershing Boulevard, Lavallette, NJ, 08735 priced at $1,629,000 pairs $5,915/mo rent with after a $7,973/mo payment. Total monthly income equals $5,915/mo. Return on cash invested is 7.42% in year one, and rental yield stands at 4.36% on a $1,629,000 basis. Equity gained on principal adds $10,512/yr, and 5% annual appreciation accumulates to $450,063 by year five. Five-year ROI measures 37.02% and total cumulative return in cash reaches $195,408. For financing, Ziffy Mortgage’s DSCR program evaluates $5,915/mo property income against a $7,973/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1944
9,583 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: Suzanne Heagen • Schlosser Real Estate, Inc.
Mls Name: MoreMLS
Mls ID: #22535795