119 Monroe Ave, Mantua, NJ, 08051 | $518/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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119 Monroe Ave, Mantua, NJ, 08051 | $518/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mantua at 119 Monroe Ave, Mantua, NJ, 08051 generates $3,511/mo in rent and, after a $2,055/mo payment, leaves $518/mo in cash flow. Total monthly income is $3,511/mo, and annual cash flow is $6,219/yr on $139,197 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 10.03% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 128.05% and total cumulative return in cash sums $178,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,511/mo property income rather than buyer’s personal income.

Single Family

Built in 1974

0.57 Acres lot

$N/A/sqft

No HOA

More details about the property

Sprawling Ranch on over 1/2 acre in desirable Mantua Twp. This well-maintained home offers plenty of living space to spread out, relax and entertain. Featuring 3 bedrooms and 1.5 baths on the first floor as well as large family room, living room with gas fireplace/stove, dining room and beautiful kitchen featuring 42-inch oak cabinets and granite over lay countertops, backsplash and newer laminate flooring. Also, all appliances will stay including refrigerator, range, dishwasher, microwave, washer and dryer. Partially finished basement with an additional family room and wood burning stove. There is also an office and den in the basement as well as workshop and storage area. The fenced in yard is nicely landscaped and maintained and there is a sprinkler system to water the lawn. Patio out back for sitting and relaxing. Nice size storage shed and plenty of off-street parking. What else do you need! Schedule your appointment today! (Solar Panel agreement to be assigned/transfer to buyer).

Neighborhood Data

Neighborhood data shown for ZIP Code: 08051, Mantua, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,870 (100%)
Owner Occupied HU	3,695 (75.9%)
Renter Occupied HU	973 (20.0%)
Vacant Housing Units	202 ( 4.1%)
Median Home Value	$344,542
Average Home Value	$364,183