154 Cross Slope Court #JManalapanNJ07726
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 154 Cross Slope Court #J, Manalapan, NJ, 07726 priced at $312,000 converts $2,992/mo rent into $482/mo cash flow after a $1,527/mo obligation. Total monthly income equals $2,992/mo, and annual cash flow totals $5,786/yr on $103,428 invested. Return on cash invested prints 25.5% in year one, and rental yield reads 11.51% against a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,200 by year five. Five-year ROI reaches 135.31% and total cumulative return in cash sums $139,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,992/mo property income covering a $1,527/mo payment, not borrower’s personal income.
Single Family
Built in 1979
435.60 sqft lot
$N/A/sqft
$286 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sujatha Bhaskara • Keller Williams Realty West Monmouth
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22514492
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.