63 Louise DrManvilleNJ08835
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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 Manville at 63 Louise Dr, Manville, NJ, 08835 priced at $385,000 pairs $2,340/mo rent with after a $1,884/mo payment. Total monthly income equals $2,340/mo. Return on cash invested is 16.11% in year one, and rental yield stands at 7.29% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 83.74% and total cumulative return in cash reaches $106,870. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
7,405 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: Kira Ibarra-brumbaugh • Keller Williams Real Estate
Mls Name: GSMLS
Mls ID: #4004991