103 Foxwood LnForked RiverNJ08731
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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 Forked River at 103 Foxwood Ln, Forked River, NJ, 08731 priced at $514,999 converts $3,876/mo rent into $205/mo cash flow after a $2,521/mo obligation. Total monthly income equals $3,876/mo, and annual cash flow totals $2,458/yr on $169,435 invested. Return on cash invested prints 21.51% in year one, and rental yield reads 9.03% against a $514,999 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 112.64% and total cumulative return in cash sums $190,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,876/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Single Family
Built in 1991
8,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,048 (100%) |
| Owner Occupied HU | 7,829 (77.9%) |
| Renter Occupied HU | 1,113 (11.1%) |
| Vacant Housing Units | 1,106 (11.0%) |
| Median Home Value | $461,309 |
| Average Home Value | $519,264 |
Housing Distribution
Address Breakdown
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
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