149 Glimmer Glass CircleManasquanNJ08736
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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
Rental property for sale in Manasquan at 149 Glimmer Glass Circle, Manasquan, NJ, 08736 priced at $1,850,000 converts $6,973/mo rent into after a $9,055/mo obligation. Total monthly income equals $6,973/mo. Return on cash invested prints 7.93% in year one, and rental yield reads 4.52% against a $1,850,000 entry. Equity gained on principal adds $11,938/yr, while 5% annual appreciation compiles into $511,121 by year five. Five-year ROI reaches 39.77% and total cumulative return in cash sums $238,381. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,973/mo property income covering a $9,055/mo payment, not borrower’s personal income.
Single Family
Built in 1989
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08736, Manasquan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,356 (100%) |
| Owner Occupied HU | 4,432 (69.7%) |
| Renter Occupied HU | 817 (12.9%) |
| Vacant Housing Units | 1,107 (17.4%) |
| Median Home Value | $865,375 |
| Average Home Value | $943,515 |
Housing Distribution
Address Breakdown
Residential
5,692
Single Family
5,642
Multi-Family
50
Businesses
869
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Listed by: Dawn M White • Diane Turton, Realtors-Wall
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518957
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.