31 Molly Pitcher Boulevard #AManchester TownshipNJ08759
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 Township at 31 Molly Pitcher Boulevard #A, Manchester Township, NJ, 08759 uses $41,438 cash to close to unlock $20,362/yr annual cash flow and $1,697/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $612/mo payment keeps the spread at $1,697/mo. Purchase price stands at $125,000, and rental yield measures 27.07% with $2,820/mo rent. Return on cash invested shows 69.05% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 370.05% and total cumulative return in cash records $153,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $612/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
$232 monthly 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: Amelia Bruszewski • Weichert Realtors-Toms River
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22525472
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.