206 Covered Bridge Boulevard UNIT DManalapanNJ07726
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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 Manalapan at 206 Covered Bridge Boulevard UNIT D, Manalapan, NJ, 07726 priced at $383,000 pairs $2,870/mo rent with after a $1,875/mo payment. Total monthly income equals $2,870/mo. Return on cash invested is 18.71% in year one, and rental yield stands at 8.99% on a $383,000 basis. Equity gained on principal adds $2,471/yr, and 5% annual appreciation accumulates to $105,816 by year five. Five-year ROI measures 98.53% and total cumulative return in cash reaches $125,094. For financing, Ziffy Mortgage’s DSCR program evaluates $2,870/mo property income against a $1,875/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
871.20 sqft lot
$N/A/sqft
$800 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
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Listed by: Edith Rubinson • C21/ Action Plus Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22431438
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.