647 Tinton AvenueTinton FallsNJ07724
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 Tinton Falls at 647 Tinton Avenue, Tinton Falls, NJ, 07724 earns $270/mo cash flow from $5,252/mo rent with a $3,421/mo payment. Total monthly income totals $5,252/mo, and annual cash flow totals $3,239/yr on $229,971 capital. ROI tracks 21.47% on current figures, and rental yield reads 9.02% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash sums $258,506. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,252/mo property income instead of your personal income.
Single Family
Built in 1955
0.85 Acres lot
$N/A/sqft
No 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: Darren Spadavecchia • Burke&Manna Real Estate Agency
Mls Name: MOMLS
Mls ID: #22521201