905 Bowsprit Point, Lanoka Harbor, NJ, 08734 | 3.9% Rental Yield

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 Lanoka Harbor at 905 Bowsprit Point, Lanoka Harbor, NJ, 08734 generates $4,140/mo in rent, after a $6,240/mo payment. Total monthly income is $4,140/mo. Return on cash invested sits at 6% in year one, and rental yield is 3.9% on a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 29.41% and total cumulative return in cash sums $121,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,140/mo property income rather than buyer’s personal income.

Single Family

Built in 2007

4,792 sqft lot

$N/A/sqft

No HOA