19 Maplewood Drive UNIT BWhitingNJ08759
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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 Whiting at 19 Maplewood Drive UNIT B, Whiting, NJ, 08759 priced at $268,000 converts $2,562/mo rent into $484/mo cash flow after a $1,312/mo obligation. Total monthly income equals $2,562/mo, and annual cash flow totals $5,814/yr on $88,842 invested. Return on cash invested prints 26.45% in year one, and rental yield reads 11.47% against a $268,000 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation compiles into $74,043 by year five. Five-year ROI reaches 140.01% and total cumulative return in cash sums $124,389. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,562/mo property income covering a $1,312/mo payment, not borrower’s personal income.
Multi Family
Built in 1977
5,227 sqft lot
$N/A/sqft
$167 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: Alyssa Falcone-O'hara • Keller Williams Realty Monmouth/Ocean
Mls Name: MOMLS
Mls Provider:
Mls ID: #22434640
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