10 Patterson LaneManalapanNJ07726
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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
Rental property for sale in Manalapan at 10 Patterson Lane, Manalapan, NJ, 07726 offers $5,702/mo rent that, after a $3,328/mo payment, leaves $855/mo cash flow. Total monthly income is $5,702/mo, and annual cash flow is $10,264/yr on $223,717 cash. Return on cash invested measures 24.65% in year one, and rental yield stands at 10.06% at a $679,990 entry. Equity gained on principal adds $4,388/yr while 5% annual appreciation compounds into $187,869 by year five. Five-year ROI records 129.47% and total cumulative return in cash reaches $289,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,702/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,865 (100%) |
| Owner Occupied HU | 14,121 (83.7%) |
| Renter Occupied HU | 2,184 (12.9%) |
| Vacant Housing Units | 560 ( 3.3%) |
| Median Home Value | $700,020 |
| Average Home Value | $733,343 |
Housing Distribution
Address Breakdown
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
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Listed by: Anita Paris • Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518866
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.