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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 Whiting at 7 Lake Ridge Boulevard, Whiting, NJ, 08759 generates $2,786/mo in rent and, after a $1,757/mo payment, leaves $17/mo in cash flow. Total monthly income is $2,786/mo, and annual cash flow is $207/yr on $119,009 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 9.31% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash sums $125,911. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,786/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
8,276 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood data shown for ZIP Code: 08759, Manchester Township, NJ area.
| 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 |
Residential
22,057
Single Family
21,519
Multi-Family
538
Businesses
338
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $359,000 |
| 2022-07-27 | Sold | $330,000 |
| 2002-05-08 | Sold | $161,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-17 | $4239.51 | 2.21% | $191,400 | N/A |
| 2022-04-17 | $4147.64 | N/A | $191,400 | N/A |
| 2021-04-17 | $4147.64 | -4.32% | $191,400 | N/A |
Listed by: William R Hagan • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510837
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.
