239 Medford Court UNIT BManalapanNJ07726
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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
Investment property for sale in Manalapan at 239 Medford Court UNIT B, Manalapan, NJ, 07726 offers a 9.35% rental yield on a $368,000 purchase with $2,868/mo rent. 57% in year one. Equity gained on principal adds $2,375/yr while 5% annual appreciation supports $101,672 over five years. Portfolio math shows five-year ROI at 103.26% and total cumulative return in cash at $125,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,868/mo property income against a $1,801/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1,306 sqft lot
$N/A/sqft
$280 monthly 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: Maria Ackerman • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22520692
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.