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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% |
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 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 |
|---|---|---|
| 2024-11-07 | Listed for sale | $383,000 |
| 2024-06-18 | Sold | $382,000 |
| 2024-06-10 | Pending sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $4445.80 | 19.24% | $282,200 | 26.83% |
| 2022-11-11 | $3728.30 | 2.12% | $222,500 | 18.41% |
| 2021-11-11 | $3650.81 | 3.03% | $187,900 | 6.04% |
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.
