28 Clinton 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
Rental property for sale in Eatontown at 28 Clinton Avenue, Eatontown, NJ, 07724 generates $2,063/mo in rent, after a $4,601/mo payment. Total monthly income is $2,063/mo. Return on cash invested sits at 2.07% in year one, and rental yield is 2.63% on a $940,000 entry. Equity gained on principal adds $6,066/yr, while 5% annual appreciation builds toward $259,705 over five years. Five-year ROI reaches 8.36% and total cumulative return in cash sums $25,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,063/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
0.27 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: Antoinette Bianchini • Schecher Realty
Mls Name: MoreMLS
Mls ID: #22602696