54 Halsted DriveManchesterNJ08759
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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 54 Halsted Drive, Manchester, NJ, 08759 earns $149/mo cash flow from $3,136/mo rent with a $2,051/mo payment. Total monthly income totals $3,136/mo, and annual cash flow totals $1,791/yr on $138,899 capital. ROI tracks 21.2% on current figures, and rental yield reads 8.98% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 111.01% and total cumulative return in cash sums $154,193. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,136/mo property income instead of your personal income.
Single Family
Built in 2001
5,662 sqft lot
$N/A/sqft
No 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: Morna ODonoghue • Diane Turton, Realtors-Toms River
Mls Name: MoreMLS
Mls ID: #22529076