949 Aberdeen Drive #BLakewoodNJ08701
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 Lakewood at 949 Aberdeen Drive #B, Lakewood, NJ, 08701 earns $1,344/mo cash flow from $2,603/mo rent with a $662/mo payment. Total monthly income totals $2,603/mo, and annual cash flow totals $16,129/yr on $44,819 capital. ROI tracks 55.9% on current figures, and rental yield reads 23.1% at a $135,200 purchase. Equity gained on principal adds $872/yr, and 5% annual appreciation supports $37,353 over five years. Five-year ROI reaches 300.02% and total cumulative return in cash sums $134,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,603/mo property income instead of your personal income.
Single Family
Built in 1971
871.20 sqft lot
$N/A/sqft
$295 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alissa Serratelli • RE/MAX Revolution
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22522658
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.