45 Diane DriveTinton FallsNJ07753
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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 Tinton Falls at 45 Diane Drive, Tinton Falls, NJ, 07753 offers $3,347/mo rent that, after a $1,840/mo payment, leaves $414/mo cash flow. Total monthly income is $3,347/mo, and annual cash flow is $4,971/yr on $124,644 cash. Return on cash invested measures 23.9% in year one, and rental yield stands at 10.68% at a $375,999 entry. Equity gained on principal adds $2,426/yr while 5% annual appreciation compounds into $103,882 by year five. Five-year ROI records 126.36% and total cumulative return in cash reaches $157,504. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,347/mo property income versus a $1,840/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1989
871.20 sqft lot
$N/A/sqft
$253 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07753, Neptune, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,978 (100%) |
| Owner Occupied HU | 10,727 (63.2%) |
| Renter Occupied HU | 5,243 (30.9%) |
| Vacant Housing Units | 1,008 ( 5.9%) |
| Median Home Value | $469,423 |
| Average Home Value | $541,040 |
Housing Distribution
Address Breakdown
Residential
16,140
Single Family
14,110
Multi-Family
2,030
Businesses
1,097
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Listed by: Michael Manna • Burke&Manna Real Estate Agency
Mls Name: MOMLS
Mls Provider:
Mls ID: #22430063
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.