824 Hawks Bridge Rd, Mannington, NJ, 08079 | $1,089/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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824 Hawks Bridge Rd, Mannington, NJ, 08079 | $1,089/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mannington at 824 Hawks Bridge Rd, Mannington, NJ, 08079 generates $3,833/mo in rent and, after a $1,884/mo payment, leaves $1,089/mo in cash flow. Total monthly income is $3,833/mo, and annual cash flow is $13,070/yr on $127,628 invested. Return on cash invested sits at 30.15% in year one, and rental yield is 11.95% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 159.01% and total cumulative return in cash sums $202,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,833/mo property income rather than buyer’s personal income.

Single Family

Built in 1988

4.80 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked away approximately a mile off the main road in rural Mannington Township, this 4.8-acre private oasis offers pure serenity and peacefulness. The access road is rough terrainyou'll need a Jeep, SUV, or pickup truck to get here. Small vehicles are not recommended. The property features 200 feet of frontage on the Salem River to the west. and to the south, you'll find over 600 acres of the Mannington Meadows Wildlife Preservation. With few neighbors in sight, this is the tranquil, secluded setting you've been looking for. With just a few neighboring properties in sight, you are truly secluded for that tranquil setting you have always wanted! The home itself is 1 of a kind, and perfect for the growing family or even for an investment property. The main portion of the spacious rancher consists of an eat-in kitchen and dining area, an adjoining living room with fireplace, 3 bedrooms each boasting walk-in closets, 2 full bathrooms, and a laundry/mud room leading out to your rear yard deck. Connected to this rancher is a separate mother in law suite or 1 bedroom apartment. Looking for a garage? This home has 2 enormous attached garages, Property being sold as is. This property is located in a USDA eligible area available for zero down financing to qualified buyers.

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

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1988
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Garage Faces Front, Oversized, Concrete, Shared Driveway, Attached, Driveway

Location

City: Mannington
State: NJ
Subdivision: N/A
Lot Size: 4.80 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Michele Iannella • HomeSmart First Advantage Realty

Mls Name: Bright MLS

Mls ID: #NJSA2016770

824 Hawks Bridge Rd,Mannington,NJ,08079

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

824 Hawks Bridge RdManningtonNJ08079