19 N Otter PlManchester TownshipNJ08759
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 19 N Otter Pl, Manchester Township, NJ, 08759 priced at $148,900 pairs $1,145/mo rent with $83/mo cash flow after a $729/mo payment. Total monthly income equals $1,145/mo, and annual cash flow comes to $1,002/yr on $49,360 invested. Return on cash invested is 21.94% in year one, and rental yield stands at 9.23% on a $148,900 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,138 by year five. Five-year ROI measures 115.01% and total cumulative return in cash reaches $56,769. For financing, Ziffy Mortgage’s DSCR program evaluates $1,145/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2023
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: Mark Zolezi • Keller Williams Realty Monmouth/Ocean
Mls Name: Bright MLS
Mls ID: #NJOC2036974