1215 Tristram Cir #1215, Mantua, NJ, 08051 | $459/mo Cash Flow

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1215 Tristram Cir #1215, Mantua, NJ, 08051 | $459/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 1215 Tristram Cir #1215, Mantua, NJ, 08051 generates $2,027/mo in rent and, after a $1,077/mo payment, leaves $459/mo in cash flow. Total monthly income is $2,027/mo, and annual cash flow is $5,504/yr on $72,930 invested. Return on cash invested sits at 27.46% in year one, and rental yield is 11.06% on a $219,999 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 144.55% and total cumulative return in cash sums $105,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,027/mo property income rather than buyer’s personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Price reduced for a quick sale. Move-In Ready Condo in The Villages at Berkley! Welcome to 1215 Tristram Court, a beautifully updated and turn-key one-bedroom condo with a loft, nestled in the desirable Villages at Berkley community in Mantua Township. Step inside to find fresh paint, brand-new carpet, and vaulted ceilings that create an open and inviting atmosphere. The kitchen features a newer range and dishwasher. The home also has a New energy-efficient HVAC system for year-round comfort. A new hot water heater. A new sliding door leads to your private outdoor balcony, while new bedroom windows bring in abundant natural light. The spacious loft area provides flexible options ideal for a home office, guest room, craft space, or cozy lounge the possibilities are endless. Residents enjoy access to community amenities including a pool, gym, and tennis & basketball courts, all set within a well-maintained and convenient neighborhood close to major highways, shopping, and dining. With every detail refreshed and ready, this low maintenance turn-key condo is the perfect blend of comfort, efficiency, and modern style. See it before its gone. Conveniently located near Rowan University, Inspira Medical Center Mullica Hill and The Deptford mall. Close to Route 55, Route 45, Route 295 and the NJ Turnpike. Seller to obtain C/O. Home is in excellent condition.

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