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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Manalapan at 2 Elkridge Way, Manalapan, NJ, 07726 listed at $1,595,000 pairs $4,838/mo rent with a $7,807/mo payment. Total monthly income runs $4,838/mo. Return on cash invested measures 5.2% in year one, and rental yield registers 3.64% at a $1,595,000 basis. Equity gained on principal adds $10,292/yr, and annual property appreciation at 5% supports $440,669 by year five. Five-year ROI tracks 25.15% and total cumulative return in cash totals $129,953. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,838/mo property income relative to a $7,807/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,865 (100%) |
| Owner Occupied HU | 14,121 (83.7%) |
| Renter Occupied HU | 2,184 (12.9%) |
| Vacant Housing Units | 560 ( 3.3%) |
| Median Home Value | $700,020 |
| Average Home Value | $733,343 |
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Listed for sale | $1,595,000 |
| 2017-12-13 | Listing removed | $940,000 |
| 2017-11-28 | Price change | $940,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-13 | $21105.94 | 0.35% | $1,280,700 | 1.33% |
| 2023-07-13 | $21031.29 | 5.11% | $1,263,900 | 12.94% |
| 2022-07-13 | $20009.51 | 11.02% | $1,119,100 | 28.90% |
What's Special
Pull Down Stairs
Listed by: Paul Carrado • NextHome The Real Estate Pros
Mls Name: MOMLS
Mls Provider:
Mls ID: #22520554
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.
