1103 Scarlet Oak AvenueToms RiverNJ08755
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1103 Scarlet Oak Avenue, Toms River, NJ, 08755 in Toms River. Priced at $349,000, it generates $3,464/mo in gross rent and $506/mo in net monthly cash flow, a 11.91% yield that comfortably supports the 2.21 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,069. Five-year appreciation: $96,422. Equity from principal paydown: $3,214/yr. Total projected cumulative return: $196,634.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 5.5% |
| Monthly Cash Flow | $506 | $1,850 |
City averages based on Toms River market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,464 |
| Total Monthly Debt Service | $2,349 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MoreMLS
Mls ID: #22608675