40 Stonybrook Road #62Manchester TownshipNJ08759
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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 Manchester Township at 40 Stonybrook Road #62, Manchester Township, NJ, 08759 earns $97/mo cash flow from $988/mo rent with a $612/mo payment. Total monthly income totals $988/mo, and annual cash flow totals $1,162/yr on $41,438 capital. ROI tracks 22.71% on current figures, and rental yield reads 9.48% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 119.12% and total cumulative return in cash sums $49,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $988/mo property income instead of your personal income.
Single Family
Built in 1983
6,098 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
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Listed by: Erik Fatovic • Keller Williams Realty Ocean Living
Mls Name: MoreMLS
Mls ID: #22603176