1393 Gleniffer Hill RoadToms RiverNJ08755
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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
Investment Highlights
Investment property for sale in Toms River at 1393 Gleniffer Hill Road, Toms River, NJ, 08755 offers a 10.88% rental yield on a $378,750 purchase with $3,434/mo rent. Total monthly income registers $3,434/mo, and a $1,854/mo payment leaves $492/mo available for distribution. Annual cash flow reaches $5,905/yr on $125,556 to close, and return on cash invested stands at 24.61% in year one. Equity gained on principal adds $2,444/yr while 5% annual appreciation supports $104,642 over five years. Portfolio math shows five-year ROI at 130.17% and total cumulative return in cash at $163,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,434/mo property income against a $1,854/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
6,534 sqft lot
$N/A/sqft
$242 monthly HOA
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Listed by: Salvatore Caruso • Schlosser Real Estate, Inc.
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22522180
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.