912B Dumbarton DriveLakewoodNJ08701
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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
Investment Highlights
Investment property for sale in Lakewood at 912B Dumbarton Drive, Lakewood, NJ, 08701 earns $742/mo cash flow from $3,059/mo rent with a $1,591/mo payment. Total monthly income totals $3,059/mo, and annual cash flow totals $8,906/yr on $107,737 capital. ROI tracks 28.18% on current figures, and rental yield reads 11.29% at a $324,999 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,791 over five years. Five-year ROI reaches 148.44% and total cumulative return in cash sums $159,925. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,059/mo property income instead of your personal income.
Single Family
Built in 1971
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08701, Lakewood, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
29,523
Single Family
27,488
Multi-Family
2,035
Businesses
3,052
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Listed by: Michael Butterworth • RE/MAX at Barnegat Bay
Mls Name: MoreMLS
Mls ID: #22602976