223 Medford Ct UNIT AManalapanNJ07726
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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 223 Medford Ct UNIT A, Manalapan, NJ, 07726 priced at $300,000 pairs $2,878/mo rent with $740/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,878/mo, and annual cash flow comes to $8,880/yr on $99,450 invested. Return on cash invested is 28.84% in year one, and rental yield stands at 11.51% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 151.95% and total cumulative return in cash reaches $151,116. For financing, Ziffy Mortgage’s DSCR program evaluates $2,878/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
N/A lot
$N/A/sqft
No 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: Jennifer Binkley • RE/MAX at Barnegat Bay - Toms River
Mls Name: Bright MLS
Mls ID: #NJMM2003976