12 Ely CourtToms 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 12 Ely Court, Toms River, NJ, 08757 offers $2,839/mo rent that, after a $2,163/mo payment. Total monthly income is $2,839/mo. Return on cash invested measures 17.36% in year one, and rental yield stands at 7.71% at a $442,000 entry. Equity gained on principal adds $2,852/yr while 5% annual appreciation compounds into $122,116 by year five. Five-year ROI records 90.4% and total cumulative return in cash reaches $132,458. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,839/mo property income versus a $2,163/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
6,098 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: Danielle Monaco Donahue • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22601658