65 Holly DriveEatontownNJ07724
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
Rental property for sale in Eatontown at 65 Holly Drive, Eatontown, NJ, 07724 generates $3,977/mo in rent and, after a $2,247/mo payment, leaves $400/mo in cash flow. Total monthly income is $3,977/mo, and annual cash flow is $4,799/yr on $152,159 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 10.4% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 121.85% and total cumulative return in cash sums $185,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,977/mo property income rather than buyer’s personal income.
Condo
Built in 1985
2,178 sqft lot
$N/A/sqft
$305 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: Josephine G Richards • Realty One Group Emerge
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22522574
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.