814 Route 45ManningtonNJ08079
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mannington at 814 Route 45, Mannington, NJ, 08079 listed at $295,000 pairs $2,161/mo rent with a $1,444/mo payment to leave $58/mo cash flow. Total monthly income runs $2,161/mo, and annual cash flow reaches $698/yr on $97,793 cash to close. Return on cash invested measures 20.62% in year one, and rental yield registers 8.79% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 107.95% and total cumulative return in cash totals $105,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,161/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08079, Salem, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,126 (100%) |
| Owner Occupied HU | 2,600 (50.7%) |
| Renter Occupied HU | 1,885 (36.8%) |
| Vacant Housing Units | 641 (12.5%) |
| Median Home Value | $260,543 |
| Average Home Value | $350,401 |
Housing Distribution
Address Breakdown
Residential
4,262
Single Family
4,090
Multi-Family
172
Businesses
308
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Nearby investment properties with comparable prices
Listed by: Delicia Sample • Weichert Realtors-Haddonfield
Mls Name: Bright MLS
Mls ID: #NJSA2015330