186 Laurel Place #AManchester 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 186 Laurel Place #A, Manchester Township, NJ, 08759 with 5% annual appreciation on a $114,500 basis while $1,162/mo rent supports operations. Total monthly income totals $1,162/mo and a $560/mo payment preserves $346/mo for cash returns. Annual cash flow comes to $4,155/yr on $37,957 deployed, and return on cash invested reaches 30.86% in year one. Equity gained on principal adds $739/yr, and five-year appreciation sums $31,634 alongside rental yield of 12.18%. Five-year ROI measures 162.87% and total cumulative return in cash totals $61,820.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,162/mo property income versus a $560/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No 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: MoreMLS
Mls ID: #22525593