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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 Manchester at 37B Cambridge Circle, Manchester, NJ, 08759 priced at $235,000 converts $1,962/mo rent into $287/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,962/mo, and annual cash flow totals $3,446/yr on $77,903 invested. Return on cash invested prints 24.33% in year one, and rental yield reads 10.02% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 127.84% and total cumulative return in cash sums $99,592. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,962/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Multi Family
Built in 1975
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08759, Manchester Township, NJ area.
| 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 |
Residential
22,057
Single Family
21,519
Multi-Family
538
Businesses
338
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Darlene M Sieb • C21/ Solid Gold Realty
Mls Name: MoreMLS
Mls ID: #22535471
