7 Steeple Chase CourtTinton 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 7 Steeple Chase Court, Tinton Falls, NJ, 07724 at $475,000 posts ROI 20.8% with $117/mo cash flow from $3,503/mo rent. Total monthly income equals $3,503/mo, and annual cash flow records $1,406/yr on $157,463 to close. Return on cash invested measures 20.8% and rental yield reads 8.85% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 108.89% and total cumulative return in cash totals $171,463.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,503/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1989
1,306 sqft 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: Alexis Siciliano-Bell • RE/MAX Gateway
Mls Name: MOMLS
Mls ID: #22519683