1315 Gress StManvilleNJ08835
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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 Manville at 1315 Gress St, Manville, NJ, 08835 earns $712/mo cash flow from $4,276/mo rent with a $2,447/mo payment. Total monthly income totals $4,276/mo, and annual cash flow totals $8,548/yr on $165,750 capital. ROI tracks 25.07% on current figures, and rental yield reads 10.26% at a $499,999 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 131.75% and total cumulative return in cash sums $218,371. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,276/mo property income instead of your personal income.
Single Family
Built in 1928
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08835, Manville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,261 (100%) |
| Owner Occupied HU | 2,645 (62.1%) |
| Renter Occupied HU | 1,464 (34.4%) |
| Vacant Housing Units | 152 ( 3.6%) |
| Median Home Value | $375,361 |
| Average Home Value | $389,065 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
3,981
Multi-Family
16
Businesses
263
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Listed by: Sebastian Diaz Martes • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3997692