17 Monticello Drive UNIT BManchester TownshipNJ08759
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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 Manchester Township at 17 Monticello Drive UNIT B, Manchester Township, NJ, 08759 at $142,500 posts ROI 35.45% with $612/mo cash flow from $1,920/mo rent. Total monthly income equals $1,920/mo, and annual cash flow records $7,341/yr on $47,239 to close. Return on cash invested measures 35.45% and rental yield reads 16.17% at the current $142,500. Equity gained on principal adds $920/yr, and 5% annual appreciation supports $39,370 by year five. Five-year ROI prints 190.12% and total cumulative return in cash totals $89,811.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
N/A lot
$N/A/sqft
$293 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08759, Manchester Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,283 (100%) |
| Owner Occupied HU | 19,068 (81.9%) |
| Renter Occupied HU | 2,211 ( 9.5%) |
| Vacant Housing Units | 2,004 ( 8.6%) |
| Median Home Value | $231,529 |
| Average Home Value | $352,495 |
Housing Distribution
Address Breakdown
Residential
22,057
Single Family
21,519
Multi-Family
538
Businesses
338
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Listed by: Amelia Bruszewski • Weichert Realtors-Toms River
Mls Name: MOMLS
Mls Provider:
Mls ID: #22500345
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.