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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 26 Devon Drive, Manalapan, NJ, 07726 priced at $870,000 pairs $5,903/mo rent with after a $4,258/mo payment. Total monthly income equals $5,903/mo. Return on cash invested is 18.81% in year one, and rental yield stands at 8.14% on a $870,000 basis. Equity gained on principal adds $5,614/yr, and 5% annual appreciation accumulates to $240,365 by year five. Five-year ROI measures 98.15% and total cumulative return in cash reaches $280,945. For financing, Ziffy Mortgage’s DSCR program evaluates $5,903/mo property income against a $4,258/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.46 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 |
|---|---|---|
| 2012-06-10 | Listing removed | $399,900 |
| 2012-01-18 | Price change | $399,900 |
| 2011-12-12 | Price change | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-05 | $13106.54 | 0.38% | $795,300 | 1.35% |
| 2023-06-05 | $13057.41 | 6.99% | $784,700 | 14.96% |
| 2022-06-05 | $12204.89 | 3.38% | $682,600 | 20.03% |
What's Special
Pull Down Stairs
Listed by: Debra Carnesi • Keller Williams Realty West Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22516496
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.
