918 Fable AveManvilleNJ08835
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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 Manville at 918 Fable Ave, Manville, NJ, 08835 uses $169,435 cash to close to unlock $6,406/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $4,205/mo, and a $2,521/mo payment keeps the spread at $534/mo. Purchase price stands at $515,000, and rental yield measures 9.8% with $4,205/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 125.13% and total cumulative return in cash records $212,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,205/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08835, Manville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,261 (100%) |
| Owner Occupied HU | 2,645 (62.1%) |
| Renter Occupied HU | 1,464 (34.4%) |
| Vacant Housing Units | 152 ( 3.6%) |
| Median Home Value | $375,361 |
| Average Home Value | $389,065 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
3,981
Multi-Family
16
Businesses
263
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Listed by: David Santini • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3999762