16 Mount Kisco DriveToms RiverNJ08753
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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
Rental property for sale in Toms River at 16 Mount Kisco Drive, Toms River, NJ, 08753 generates $2,908/mo in rent and, after a $1,625/mo payment, leaves $522/mo in cash flow. Total monthly income is $2,908/mo, and annual cash flow is $6,258/yr on $110,058 invested. Return on cash invested sits at 25.6% in year one, and rental yield is 10.51% on a $332,000 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation builds toward $91,725 over five years. Five-year ROI reaches 134.66% and total cumulative return in cash sums $148,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,908/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
5,227 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08753, Toms River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,100 (100%) |
| Owner Occupied HU | 19,843 (70.6%) |
| Renter Occupied HU | 5,818 (20.7%) |
| Vacant Housing Units | 2,439 ( 8.7%) |
| Median Home Value | $485,093 |
| Average Home Value | $561,358 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
25,474
Multi-Family
311
Businesses
1,634
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Listed by: Jessica Sorrento • Keller Williams Realty Central Monmouth
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22517461
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.