2 Edwards Farm LaneTinton 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
Rental property for sale in Tinton Falls at 2 Edwards Farm Lane, Tinton Falls, NJ, 07724 priced at $1,249,900 pairs $7,404/mo rent with after a $6,118/mo payment. Total monthly income equals $7,404/mo. Return on cash invested is 13.64% in year one, and rental yield stands at 7.11% on a $1,249,900 basis. Equity gained on principal adds $8,065/yr, and 5% annual appreciation accumulates to $345,324 by year five. Five-year ROI measures 71.22% and total cumulative return in cash reaches $288,414. For financing, Ziffy Mortgage’s DSCR program evaluates $7,404/mo property income against a $6,118/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2017
2,178 sqft lot
$N/A/sqft
$765 monthly 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: Philip Rotchford • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22501962
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