12 Michele Drive, Toms River, NJ, 08755 | $704/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Toms River at 12 Michele Drive, Toms River, NJ, 08755 offers a 10.52% rental yield on a $429,000 purchase with $3,762/mo rent. Total monthly income registers $3,762/mo, and a $2,100/mo payment leaves $704/mo available for distribution. Annual cash flow reaches $8,447/yr on $142,214 to close, and return on cash invested stands at 25.85% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 135.92% and total cumulative return in cash at $193,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,762/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1959

10,454 sqft lot

$N/A/sqft

No HOA