1480 Essex CourtToms RiverNJ08755
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
Investment property for sale in Toms River at 1480 Essex Court, Toms River, NJ, 08755 with 5% annual appreciation on a $349,900 basis while $3,064/mo rent supports operations. Total monthly income totals $3,064/mo and a $1,713/mo payment preserves $328/mo for cash returns. Annual cash flow comes to $3,931/yr on $115,992 deployed, and return on cash invested reaches 23.3% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 10.51%. Five-year ROI measures 123.16% and total cumulative return in cash totals $142,854.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,064/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
8,276 sqft lot
$N/A/sqft
$242 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Gallucci • Keller Williams Shore Properties
Mls Name: MOMLS
Mls Provider:
Mls ID: #22503966
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.