51 Louise DrManvilleNJ08835
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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
Rental property for sale in Manville at 51 Louise Dr, Manville, NJ, 08835 priced at $535,000 pairs $4,272/mo rent with $458/mo cash flow after a $2,619/mo payment. Total monthly income equals $4,272/mo, and annual cash flow comes to $5,498/yr on $176,015 invested. Return on cash invested is 23.18% in year one, and rental yield stands at 9.58% on a $535,000 basis. Equity gained on principal adds $3,452/yr, and 5% annual appreciation accumulates to $147,811 by year five. Five-year ROI measures 121.63% and total cumulative return in cash reaches $214,084. For financing, Ziffy Mortgage’s DSCR program evaluates $4,272/mo property income against a $2,619/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08835, Manville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,261 (100%) |
| Owner Occupied HU | 2,645 (62.1%) |
| Renter Occupied HU | 1,464 (34.4%) |
| Vacant Housing Units | 152 ( 3.6%) |
| Median Home Value | $375,361 |
| Average Home Value | $389,065 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
3,981
Multi-Family
16
Businesses
263
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Listed by: Carl Leone • Keller Williams Cornerstone
Mls Name: GSMLS
Mls ID: #3987787