34 Belshaw 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 34 Belshaw Avenue, Eatontown, NJ, 07724 offers $2,954/mo rent that, after a $1,461/mo payment, leaves $384/mo cash flow. Total monthly income is $2,954/mo, and annual cash flow is $4,612/yr on $98,953 cash. Return on cash invested measures 24.57% in year one, and rental yield stands at 11.88% at a $298,500 entry. Equity gained on principal adds $1,926/yr while 5% annual appreciation compounds into $82,470 by year five. Five-year ROI records 131.03% and total cumulative return in cash reaches $129,657. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,954/mo property income versus a $1,461/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1985
871.20 sqft lot
$N/A/sqft
$442 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: Margaret Cardinale • Keller Williams Realty Central Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22519017
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.