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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 Whiting at 47 Westport Drive UNIT 71, Whiting, NJ, 08759 priced at $267,000 converts $2,320/mo rent into $257/mo cash flow after a $1,307/mo obligation. Total monthly income equals $2,320/mo, and annual cash flow totals $3,080/yr on $88,511 invested. Return on cash invested prints 23.39% in year one, and rental yield reads 10.43% against a $267,000 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation compiles into $73,767 by year five. Five-year ROI reaches 123.52% and total cumulative return in cash sums $109,327. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,320/mo property income covering a $1,307/mo payment, not borrower’s personal income.
Single Family
Built in 1978
4,791 sqft lot
$N/A/sqft
$160 monthly 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 |
|---|---|---|
| 2024-10-03 | Listed for sale | $267,000 |
| 2023-07-14 | Sold | $115,000 |
| 2002-01-09 | Sold | $68,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1949.20 | 2.22% | $88,000 | N/A |
| 2022-10-16 | $1906.96 | N/A | $88,000 | N/A |
| 2021-10-16 | $1906.96 | 37.03% | $88,000 | N/A |
What's Special
Attic
Listed by: Michele Nesbihal • Crossroads Realty Inc-Lavallette
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428580
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.
