9 Lakeview AveBudd LakeNJ07828
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 Budd Lake at 9 Lakeview Ave, Budd Lake, NJ, 07828 at $375,000 posts ROI 27.8% with $818/mo cash flow from $3,490/mo rent. Total monthly income equals $3,490/mo, and annual cash flow records $9,810/yr on $124,313 to close. Return on cash invested measures 27.8% and rental yield reads 11.17% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 146.4% and total cumulative return in cash totals $181,995.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,490/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
3,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07828, Budd Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,290 (100%) |
| Owner Occupied HU | 3,117 (49.6%) |
| Renter Occupied HU | 2,929 (46.6%) |
| Vacant Housing Units | 244 ( 3.9%) |
| Median Home Value | $530,689 |
| Average Home Value | $558,836 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,820
Multi-Family
0
Businesses
290
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Nearby investment properties with comparable prices
Listed by: CRISTIAN AVILA VARGAS • REALTY OF AMERICA
Mls Name: All Jersey MLS
Mls ID: #2608700R