7 Crocus Lane UNIT BManchester 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 Crocus Lane UNIT B, Manchester Township, NJ, 08759 offers a 16.28% rental yield on a $141,500 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $693/mo payment leaves $596/mo available for distribution. Annual cash flow reaches $7,152/yr on $46,907 to close, and return on cash invested stands at 35.16% in year one. Equity gained on principal adds $913/yr while 5% annual appreciation supports $39,094 over five years. Portfolio math shows five-year ROI at 188.75% and total cumulative return in cash at $88,537. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $693/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
$315 monthly 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: Colleen Donovan • Goldstone Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22424716
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.