18b Hancock DriveManchester 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
Rental property for sale in Manchester Township at 18b Hancock Drive, Manchester Township, NJ, 08759 priced at $127,900 pairs $986/mo rent with after a $626/mo payment. Total monthly income equals $986/mo. Return on cash invested is 13.1% in year one, and rental yield stands at 9.25% on a $127,900 basis. Equity gained on principal adds $825/yr, and 5% annual appreciation accumulates to $35,336 by year five. Five-year ROI measures 70.85% and total cumulative return in cash reaches $30,039. For financing, Ziffy Mortgage’s DSCR program evaluates $986/mo property income against a $626/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$315 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: Kenneth M Grosso • RESOURCEFUL REALTY
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507694
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.