5 Oakham RowManchesterNJ08759
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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 at 5 Oakham Row, Manchester, NJ, 08759 with 5% annual appreciation on a $279,000 basis while $3,083/mo rent supports operations. Total monthly income totals $3,083/mo and a $1,366/mo payment preserves $865/mo for cash returns. Annual cash flow comes to $10,379/yr on $92,489 deployed, and return on cash invested reaches 31.13% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 13.26%. Five-year ROI measures 165.33% and total cumulative return in cash totals $152,911.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,083/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
6,534 sqft lot
$N/A/sqft
$229 monthly 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: Janice Cummiskey • Better Homes and Gardens Real Estate Murphy & Co
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22522555
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.