26 Halsted DriveManchesterNJ08759
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Manchester at 26 Halsted Drive, Manchester, NJ, 08759 listed at $469,000 pairs $3,388/mo rent with a $2,296/mo payment to leave $45/mo cash flow. Total monthly income runs $3,388/mo, and annual cash flow reaches $535/yr on $155,474 cash to close. Return on cash invested measures 20.25% in year one, and rental yield registers 8.67% at a $469,000 basis. Equity gained on principal adds $3,026/yr, and annual property appreciation at 5% supports $129,576 by year five. Five-year ROI tracks 105.92% and total cumulative return in cash totals $164,683. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,388/mo property income relative to a $2,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08759, Manchester Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,283 (100%) |
| Owner Occupied HU | 19,068 (81.9%) |
| Renter Occupied HU | 2,211 ( 9.5%) |
| Vacant Housing Units | 2,004 ( 8.6%) |
| Median Home Value | $231,529 |
| Average Home Value | $352,495 |
Housing Distribution
Address Breakdown
Residential
22,057
Single Family
21,519
Multi-Family
538
Businesses
338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Krug • RE/MAX at Barnegat Bay
Mls Name: MoreMLS
Mls ID: #22600696