29 Meadow Green Circle #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
Investment property for sale in Manalapan at 29 Meadow Green Circle #A, Manalapan, NJ, 07726 uses $119,009 cash to close to unlock $2,499/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $2,767/mo, and a $1,757/mo payment keeps the spread at $208/mo. Purchase price stands at $359,000, and rental yield measures 9.25% with $2,767/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 115.36% and total cumulative return in cash records $137,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,767/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1974
435.60 sqft 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: Christine Romeo DiSantillo • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22527459