73 Des Moines CourtTinton FallsNJ07712
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 73 Des Moines Court, Tinton Falls, NJ, 07712 earns $645/mo cash flow from $3,383/mo rent with a $1,713/mo payment. Total monthly income totals $3,383/mo, and annual cash flow totals $7,744/yr on $116,025 capital. ROI tracks 26.58% on current figures, and rental yield reads 11.6% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 140.8% and total cumulative return in cash sums $163,358. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,383/mo property income instead of your personal income.
Condo
Built in 1990
435.60 sqft lot
$N/A/sqft
$243 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07712, Asbury Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,067 (100%) |
| Owner Occupied HU | 8,930 (44.5%) |
| Renter Occupied HU | 9,346 (46.6%) |
| Vacant Housing Units | 1,791 ( 8.9%) |
| Median Home Value | $657,840 |
| Average Home Value | $712,237 |
Housing Distribution
Address Breakdown
Residential
18,546
Single Family
14,594
Multi-Family
3,952
Businesses
1,468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cassandra Dimaggio • C21 Thomson & Co.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22503007
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.