15 W Parsonage WayManalapanNJ07726
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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 Manalapan at 15 W Parsonage Way, Manalapan, NJ, 07726 at $989,000 posts ROI 13.44% with from $5,254/mo rent. Total monthly income equals $5,254/mo. Return on cash invested measures 13.44% and rental yield reads 6.37% at the current $989,000. Equity gained on principal adds $6,382/yr, and 5% annual appreciation supports $273,242 by year five. Five-year ROI prints 69.35% and total cumulative return in cash totals $225,654. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,254/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
6,969 sqft 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: David Borrero • RE/MAX Homeland Realtors
Mls Name: MOMLS
Mls ID: #22524851