1402 Pegasus CourtToms 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 1402 Pegasus Court, Toms River, NJ, 08755 with 5% annual appreciation on a $459,000 basis while $3,818/mo rent supports operations. Total monthly income totals $3,818/mo and a $2,247/mo payment preserves $176/mo for cash returns. Annual cash flow comes to $2,111/yr on $152,159 deployed, and return on cash invested reaches 21.3% in year one. Equity gained on principal adds $2,962/yr, and five-year appreciation sums $126,813 alongside rental yield of 9.98%. Five-year ROI measures 112.56% and total cumulative return in cash totals $171,275.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,818/mo property income versus a $2,247/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1996
1,306 sqft lot
$N/A/sqft
$370 monthly HOA
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Listed by: Angelica Areus • Keller Williams Realty Ocean Living
Mls Name: MOMLS
Mls Provider:
Mls ID: #22503997
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