45 Lone Star LaneManalapanNJ07726
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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 Manalapan at 45 Lone Star Lane, Manalapan, NJ, 07726 uses $192,465 cash to close to unlock $10,350/yr annual cash flow and $863/mo monthly cash flow. Total monthly income runs $5,032/mo, and a $2,863/mo payment keeps the spread at $863/mo. Purchase price stands at $585,000, and rental yield measures 10.32% with $5,032/mo rent. Return on cash invested shows 25.44% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 133.7% and total cumulative return in cash records $257,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,032/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A 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: Yelena Shpringer • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22601973