8A Alaska AvenueManchester TownshipNJ08759
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 Manchester Township at 8A Alaska Avenue, Manchester Township, NJ, 08759 at $160,000 posts ROI 22.55% with $117/mo cash flow from $1,257/mo rent. Total monthly income equals $1,257/mo, and annual cash flow records $1,400/yr on $53,040 to close. Return on cash invested measures 22.55% and rental yield reads 9.43% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 118.26% and total cumulative return in cash totals $62,726.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,257/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nora Jean Malan • EXP Realty
Mls Name: MoreMLS
Mls ID: #22535405