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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% |
Investment property for sale in Manalapan at 1114 Melrose Boulevard #Bryn Mawr, Manalapan, NJ, 07726 offers a 6.27% rental yield on a $820,000 purchase with $4,284/mo rent. 36% in year one. Equity gained on principal adds $5,291/yr while 5% annual appreciation supports $226,551 over five years. Portfolio math shows five-year ROI at 58.83% and total cumulative return in cash at $158,723. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,284/mo property income against a $4,013/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
$396 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 |
|---|---|---|
| 2025-08-29 | Sold | $820,000 |
| 2025-07-20 | Pending sale | $899,990 |
| 2025-07-01 | Price change | $820,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: June Branagan • Landarama Inc.
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22517388
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.
