161 Newman Springs RoadTinton FallsNJ07724
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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 161 Newman Springs Road, Tinton Falls, NJ, 07724 offers a 9.19% rental yield on a $494,500 purchase with $3,788/mo rent. Total monthly income registers $3,788/mo, and a $2,420/mo payment leaves $264/mo available for distribution. Annual cash flow reaches $3,163/yr on $163,927 to close, and return on cash invested stands at 21.84% in year one. Equity gained on principal adds $3,191/yr while 5% annual appreciation supports $136,621 over five years. Portfolio math shows five-year ROI at 114.43% and total cumulative return in cash at $187,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,788/mo property income against a $2,420/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07724, Eatontown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,755 (100%) |
| Owner Occupied HU | 6,938 (64.5%) |
| Renter Occupied HU | 3,315 (30.8%) |
| Vacant Housing Units | 502 ( 4.7%) |
| Median Home Value | $688,009 |
| Average Home Value | $713,207 |
Housing Distribution
Address Breakdown
Residential
10,346
Single Family
9,673
Multi-Family
673
Businesses
1,179
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Listed by: Sheryl Dente • Weichert Realtors-Holmdel
Mls Name: MOMLS
Mls Provider:
Mls ID: #22501493
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.