52 Florence LnManahawkinNJ08050
Nearby investment properties with comparable rents
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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
Rental property for sale in Manahawkin at 52 Florence Ln, Manahawkin, NJ, 08050 offers $2,251/mo rent that, after a $2,885/mo payment. Total monthly income is $2,251/mo. Return on cash invested measures 7.99% in year one, and rental yield stands at 4.58% at a $589,500 entry. Equity gained on principal adds $3,804/yr while 5% annual appreciation compounds into $162,868 by year five. Five-year ROI records 40.15% and total cumulative return in cash reaches $77,871. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,251/mo property income versus a $2,885/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
3,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08050, Manahawkin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,960 (100%) |
| Owner Occupied HU | 10,027 (67.0%) |
| Renter Occupied HU | 1,553 (10.4%) |
| Vacant Housing Units | 3,380 (22.6%) |
| Median Home Value | $457,496 |
| Average Home Value | $521,139 |
Housing Distribution
Address Breakdown
Residential
12,224
Single Family
11,848
Multi-Family
376
Businesses
767
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Listed by: Marion Romano • The Van Dyk Group - Manahawkin
Mls Name: Bright MLS
Mls ID: #NJOC2037012