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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% |
Investment property for sale in Manalapan at 32 Devon Drive, Manalapan, NJ, 07726 listed at $950,000 pairs $6,350/mo rent with a $4,650/mo payment. Total monthly income runs $6,350/mo. Return on cash invested measures 18.44% in year one, and rental yield registers 8.02% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 96.18% and total cumulative return in cash totals $300,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,350/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.32 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 |
|---|---|---|
| 2016-04-27 | Sold | $525,000 |
| 2016-03-29 | Pending sale | $549,900 |
| 2016-02-28 | Listed for sale | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-15 | $13444.38 | 0.37% | $815,800 | 1.34% |
| 2023-08-15 | $13395.20 | 7.35% | $805,000 | 15.35% |
| 2022-08-15 | $12478.45 | 3.80% | $697,900 | 20.51% |
Listed by: Christine Feola • Real Broker, LLC- Point P
Mls Name: MOMLS
Mls Provider:
Mls ID: #22524568
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.
