1232 Steeplechase Court, Toms River, NJ, 08755 | 5.98% Rental Yield

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

Rental property for sale in Toms River at 1232 Steeplechase Court, Toms River, NJ, 08755 generates $6,728/mo in rent, after a $6,603/mo payment. Total monthly income is $6,728/mo. Return on cash invested sits at 12.44% in year one, and rental yield is 5.98% on a $1,349,000 entry. Equity gained on principal adds $8,705/yr, while 5% annual appreciation builds toward $372,704 over five years. Five-year ROI reaches 63.96% and total cumulative return in cash sums $279,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,728/mo property income rather than buyer’s personal income.

Single Family

Built in 2002

0.53 Acres lot

$N/A/sqft

No HOA