7 Bennington Lane #AManchester 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
Investment property for sale in Manchester Township at 7 Bennington Lane #A, Manchester Township, NJ, 08759 earns $331/mo cash flow from $1,108/mo rent with a $534/mo payment. Total monthly income totals $1,108/mo, and annual cash flow totals $3,967/yr on $36,134 capital. ROI tracks 30.89% on current figures, and rental yield reads 12.2% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 162.99% and total cumulative return in cash sums $58,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,108/mo property income instead of your personal income.
Multi Family
Built in N/A
N/A 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: Noreen M Lynch • Crossroads Realty Inc-WH
Mls Name: MoreMLS
Mls ID: #22531416