3A Myrtle AvenueEatontownNJ07724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3A Myrtle Avenue, Eatontown, NJ, 07724 listed at $163,000 pairs $2,506/mo rent with a $798/mo payment to leave $606/mo cash flow. Total monthly income runs $2,506/mo, and annual cash flow reaches $7,272/yr on $54,035 cash to close. Return on cash invested measures 33.37% in year one, and rental yield registers 18.45% at a $163,000 basis. Equity gained on principal adds $1,052/yr, and annual property appreciation at 5% supports $45,034 by year five. Five-year ROI tracks 182.16% and total cumulative return in cash totals $98,431. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,506/mo property income relative to a $798/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A lot
$N/A/sqft
$738 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Lustica • EXIT Realty East Coast Shirvanian
Mls Name: MOMLS
Mls Provider:
Mls ID: #22416667
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.