128 Skipper RoadManahawkinNJ08050
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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
Investment property for sale in Manahawkin at 128 Skipper Road, Manahawkin, NJ, 08050 offers a 8.7% rental yield on a $513,000 purchase with $3,720/mo rent. Total monthly income registers $3,720/mo, and a $2,511/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $760/yr on $168,777 to close, and return on cash invested stands at 20.51% in year one. Equity gained on principal adds $3,310/yr while 5% annual appreciation supports $141,732 over five years. Portfolio math shows five-year ROI at 107.29% and total cumulative return in cash at $181,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,720/mo property income against a $2,511/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08050, Manahawkin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,960 (100%) |
| Owner Occupied HU | 10,027 (67.0%) |
| Renter Occupied HU | 1,553 (10.4%) |
| Vacant Housing Units | 3,380 (22.6%) |
| Median Home Value | $457,496 |
| Average Home Value | $521,139 |
Housing Distribution
Address Breakdown
Residential
12,224
Single Family
11,848
Multi-Family
376
Businesses
767
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Listed by: Jaime Pluta • RE/MAX Revolution
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22521119
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.