59 Amberly Drive UNIT CManalapanNJ07726
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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 Manalapan at 59 Amberly Drive UNIT C, Manalapan, NJ, 07726 generates $2,208/mo in rent and, after a $1,101/mo payment, leaves $339/mo in cash flow. Total monthly income is $2,208/mo, and annual cash flow is $4,062/yr on $74,588 invested. Return on cash invested sits at 25.35% in year one, and rental yield is 11.78% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 134.85% and total cumulative return in cash sums $100,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,208/mo property income rather than buyer’s personal income.
Condo
Built in 1974
0.91 Acres lot
$N/A/sqft
$266 monthly 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: Lori Ragovin • C21/ Mack Morris Iris Lurie
Mls Name: MOMLS
Mls Provider:
Mls ID: #22502503
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.