13 Randall DriveManalapanNJ07726
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Manalapan at 13 Randall Drive, Manalapan, NJ, 07726 offers $4,686/mo rent that, after a $5,996/mo payment. Total monthly income is $4,686/mo. Return on cash invested measures 8.14% in year one, and rental yield stands at 4.59% at a $1,225,000 entry. Equity gained on principal adds $7,905/yr while 5% annual appreciation compounds into $338,445 by year five. Five-year ROI records 40.89% and total cumulative return in cash reaches $162,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,686/mo property income versus a $5,996/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
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Listed by: Jennifer Klein • Keller Williams Realty West Monmouth
Mls Name: MoreMLS
Mls ID: #22601201