99B White StreetEatontownNJ07724
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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 99B White Street, Eatontown, NJ, 07724 priced at $235,000 converts $1,620/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,620/mo. Return on cash invested prints 19.06% in year one, and rental yield reads 8.27% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 99.59% and total cumulative return in cash sums $77,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A 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: Suzanne E Bavaro • Keller Williams Realty Spring Lake
Mls Name: MoreMLS
Mls ID: #22534435