15 Saddle CourtTinton FallsNJ07753
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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 Tinton Falls at 15 Saddle Court, Tinton Falls, NJ, 07753 earns $724/mo cash flow from $3,742/mo rent with a $1,835/mo payment. Total monthly income totals $3,742/mo, and annual cash flow totals $8,682/yr on $124,313 capital. ROI tracks 26.89% on current figures, and rental yield reads 11.97% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 142.75% and total cumulative return in cash sums $177,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,742/mo property income instead of your personal income.
Condo
Built in 1989
1,306 sqft lot
$N/A/sqft
$346 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07753, Neptune, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,978 (100%) |
| Owner Occupied HU | 10,727 (63.2%) |
| Renter Occupied HU | 5,243 (30.9%) |
| Vacant Housing Units | 1,008 ( 5.9%) |
| Median Home Value | $469,423 |
| Average Home Value | $541,040 |
Housing Distribution
Address Breakdown
Residential
16,140
Single Family
14,110
Multi-Family
2,030
Businesses
1,097
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Listed by: Judith Collan • Keller Williams Realty Spring Lake
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22521368
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.