36 Cherry Street, Tinton Falls, NJ, 07724 | 8.27% Rental Yield

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,349/mo, and a $2,378/mo payment. Purchase price stands at $485,900, and rental yield measures 8.27% with $3,349/mo rent. Return on cash invested shows 19.06% in year one, and 5% annual appreciation builds toward $134,245 over five years. Five-year ROI reaches 99.51% and total cumulative return in cash records $160,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,349/mo property income covering a $2,378/mo payment rather than investor’s personal income.

Single Family

Built in 1940

9,583 sqft 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