167 Ashburn AveManahawkinNJ08050
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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 Manahawkin at 167 Ashburn Ave, Manahawkin, NJ, 08050 priced at $790,000 converts $3,120/mo rent into after a $3,867/mo obligation. Total monthly income equals $3,120/mo. Return on cash invested prints 8.47% in year one, and rental yield reads 4.74% against a $790,000 entry. Equity gained on principal adds $5,098/yr, while 5% annual appreciation compiles into $218,262 by year five. Five-year ROI reaches 42.68% and total cumulative return in cash sums $110,928. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $3,867/mo payment, not borrower’s personal income.
Single Family
Built in 2021
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08050, Manahawkin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,960 (100%) |
| Owner Occupied HU | 10,027 (67.0%) |
| Renter Occupied HU | 1,553 (10.4%) |
| Vacant Housing Units | 3,380 (22.6%) |
| Median Home Value | $457,496 |
| Average Home Value | $521,139 |
Housing Distribution
Address Breakdown
Residential
12,224
Single Family
11,848
Multi-Family
376
Businesses
767
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Listed by: Ms. Patricia A. Horner • Coldwell Banker Riviera Realty, Inc.
Mls Name: Bright MLS
Mls ID: #NJOC2039186