50 Ivanhoe DriveManalapanNJ07726
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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 50 Ivanhoe Drive, Manalapan, NJ, 07726 listed at $885,000 pairs $5,770/mo rent with a $4,332/mo payment. Total monthly income runs $5,770/mo. Return on cash invested measures 17.84% in year one, and rental yield registers 7.82% at a $885,000 basis. Equity gained on principal adds $5,711/yr, and annual property appreciation at 5% supports $244,509 by year five. Five-year ROI tracks 92.96% and total cumulative return in cash totals $270,666. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,770/mo property income relative to a $4,332/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.52 Acres 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: Jason Gumnitz • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22525745