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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Port Monmouth at 37 Golden Eye Lane, Port Monmouth, NJ, 07758 generates $4,471/mo in rent, after a $3,353/mo payment. Total monthly income is $4,471/mo. Return on cash invested sits at 11.98% in year one, and rental yield is 7.83% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 63.69% and total cumulative return in cash sums $143,542. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,471/mo property income rather than buyer’s personal income.
Condo
Built in 2005
1,306 sqft lot
$N/A/sqft
$1,105 monthly HOA
Neighborhood data shown for ZIP Code: 07758, Port Monmouth, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,529 (81.8%) |
| Renter Occupied HU | 269 (14.4%) |
| Vacant Housing Units | 71 ( 3.8%) |
| Median Home Value | $569,581 |
| Average Home Value | $682,402 |
Residential
1,856
Single Family
1,748
Multi-Family
108
Businesses
83
Date | Event | Price |
|---|---|---|
| 2025-05-13 | Listed for sale | $685,000 |
| 2025-05-12 | Listing removed | $699,000 |
| 2025-05-06 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $10225.32 | 0.02% | $621,600 | 5.68% |
| 2023-05-14 | $10222.92 | 4.30% | $588,200 | 13.01% |
| 2022-05-14 | $9801.02 | 12.30% | $520,500 | 24.05% |
Listed by: Judith Horan • Resources Real Estate
Mls Name: MOMLS
Mls Provider:
Mls ID: #22513864
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.
