1101 Broadway BoulevardToms RiverNJ08757
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 Toms River at 1101 Broadway Boulevard, Toms River, NJ, 08757 priced at $524,900 converts $3,520/mo rent into after a $2,569/mo obligation. Total monthly income equals $3,520/mo. Return on cash invested prints 18.52% in year one, and rental yield reads 8.05% against a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation compiles into $145,020 by year five. Five-year ROI reaches 96.62% and total cumulative return in cash sums $166,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,520/mo property income covering a $2,569/mo payment, not borrower’s personal income.
Single Family
Built in 1976
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08757, Toms River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,526 (100%) |
| Owner Occupied HU | 15,976 (77.8%) |
| Renter Occupied HU | 2,528 (12.3%) |
| Vacant Housing Units | 2,022 ( 9.9%) |
| Median Home Value | $288,781 |
| Average Home Value | $336,075 |
Housing Distribution
Address Breakdown
Residential
18,568
Single Family
18,567
Multi-Family
1
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Lazaro • Keller Williams Shore Properties
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511067
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.