51 Diane DriveTinton FallsNJ07724
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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
Investment property for sale in Tinton Falls at 51 Diane Drive, Tinton Falls, NJ, 07724 with 5% annual appreciation on a $319,000 basis while $2,850/mo rent supports operations. Total monthly income totals $2,850/mo and a $1,561/mo payment preserves $324/mo for cash returns. Annual cash flow comes to $3,883/yr on $105,749 deployed, and return on cash invested reaches 23.58% in year one. Equity gained on principal adds $2,058/yr, and five-year appreciation sums $88,134 alongside rental yield of 10.72%. Five-year ROI measures 124.81% and total cumulative return in cash totals $131,989.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,850/mo property income versus a $1,561/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1989
435.60 sqft lot
$N/A/sqft
$253 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: Donna Vanderveer • Two River Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22525373
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.