224 Mill Pond Way #36EatontownNJ07724
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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 224 Mill Pond Way #36, Eatontown, NJ, 07724 earns from $3,139/mo rent with a $2,447/mo payment. Total monthly income totals $3,139/mo. ROI tracks 16.84% on current figures, and rental yield reads 7.54% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 87.6% and total cumulative return in cash sums $145,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,139/mo property income instead of your personal income.
Condo
Built in 2008
N/A 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: Sharon Ferrari • Patrick Parker Realty
Mls Name: MoreMLS
Mls ID: #22601447