162 Frontier WayTinton 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
Rental property for sale in Tinton Falls at 162 Frontier Way, Tinton Falls, NJ, 07753 offers $3,545/mo rent that, after a $1,953/mo payment, leaves $701/mo cash flow. Total monthly income is $3,545/mo, and annual cash flow is $8,411/yr on $132,269 cash. Return on cash invested measures 26.27% in year one, and rental yield stands at 10.66% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 138.16% and total cumulative return in cash reaches $182,738. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,545/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1992
435.60 sqft lot
$N/A/sqft
No 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: Sonia Teti • Weichert Realtors-Holmdel
Mls Name: MoreMLS
Mls ID: #22600780