6B Ardmore St.Manchester TownshipNJ08759
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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 Manchester Township at 6B Ardmore St, Manchester Township, NJ, 08759 offers $1,537/mo rent that, after a $1,052/mo payment, leaves $5/mo cash flow. Total monthly income is $1,537/mo, and annual cash flow is $61/yr on $71,239 cash. Return on cash invested measures 19.99% in year one, and rental yield stands at 8.58% at a $214,900 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,373 by year five. Five-year ROI records 104.6% and total cumulative return in cash reaches $74,514. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,537/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
5,499 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: Clark Paddock • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3989206