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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Manalapan at 59 Sofia Drive, Manalapan, NJ, 07726 offers $4,138/mo rent that, after a $4,400/mo payment. Total monthly income is $4,138/mo. Return on cash invested measures 9.44% in year one, and rental yield stands at 5.52% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 48.41% and total cumulative return in cash reaches $143,170. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,138/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
$349 monthly HOA
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
| 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 |
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $899,000 |
| 2024-01-08 | Listing removed | N/A |
| 2023-10-13 | Listed for sale | $949,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Walk-up
Listed by: Jaclyn Bonano • Keller Williams Realty Westfield
Mls Name: MOMLS
Mls Provider:
Mls ID: #22509525
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.
