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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Manalapan at 11 Elm Lane, Manalapan, NJ, 07726 priced at $969,900 converts $6,449/mo rent into after a $4,747/mo obligation. Total monthly income equals $6,449/mo. Return on cash invested prints 17.92% in year one, and rental yield reads 7.98% against a $969,900 entry. Equity gained on principal adds $6,259/yr, while 5% annual appreciation compiles into $267,965 by year five. Five-year ROI reaches 93.52% and total cumulative return in cash sums $298,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,449/mo property income covering a $4,747/mo payment, not borrower’s personal income.
Single Family
Built in 2007
6,534 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
| 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 |
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
Date | Event | Price |
|---|---|---|
| 2019-07-19 | Sold | $675,000 |
| 2019-05-08 | Pending sale | $699,000 |
| 2019-03-27 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-27 | $13025.79 | 0.74% | $790,400 | 1.66% |
| 2023-04-27 | $12929.83 | -5.61% | $777,500 | 1.71% |
| 2022-04-27 | $13698.05 | -1.48% | $764,400 | 14.47% |
What's Special
Attic
Listed by: Drew Robustelli • RE/MAX Homeland Realtors
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511864
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.
