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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 Tinton Falls at 6 Quarry Place, Tinton Falls, NJ, 07753 priced at $719,000 converts $5,218/mo rent into $93/mo cash flow after a $3,519/mo obligation. Total monthly income equals $5,218/mo, and annual cash flow totals $1,119/yr on $236,551 invested. Return on cash invested prints 20.53% in year one, and rental yield reads 8.71% against a $719,000 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation compiles into $198,646 by year five. Five-year ROI reaches 107.41% and total cumulative return in cash sums $254,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,218/mo property income covering a $3,519/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07753, Neptune, NJ area.
| 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 |
Residential
16,140
Single Family
14,110
Multi-Family
2,030
Businesses
1,097
Date | Event | Price |
|---|---|---|
| 2024-07-01 | Listed for sale | $719,000 |
| 2015-06-18 | Sold | $355,000 |
| 2015-03-14 | Price change | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $7697.14 | 1.31% | $504,400 | 9.68% |
| 2022-10-17 | $7597.55 | 2.41% | $459,900 | 19.39% |
| 2021-10-17 | $7418.95 | 0.63% | $385,200 | 5.65% |
What's Special
Attic
Listed by: Esther Ashkenazi • Town & Country Real Estate Consultants
Mls Name: MOMLS
Mls Provider:
Mls ID: #22418615
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.
