202 Knox AvenueEatontownNJ07724
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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 Eatontown at 202 Knox Avenue, Eatontown, NJ, 07724 uses $160,744 cash to close to unlock $4,261/yr annual cash flow and $355/mo monthly cash flow. Total monthly income runs $3,811/mo, and a $2,373/mo payment keeps the spread at $355/mo. Purchase price stands at $484,900, and rental yield measures 9.43% with $3,811/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $133,969 over five years. Five-year ROI reaches 118.3% and total cumulative return in cash records $190,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,811/mo property income covering a $2,373/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.36 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: Michelle Lorme • NextHome Force Realty Partners
Mls Name: MOMLS
Mls Provider:
Mls ID: #22431140
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.