16 Oak Ridge Parkway, Toms River, NJ, 08755 | $420/mo Cash Flow

For Sale

Listed for sale 6 days ago

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

Investment property for sale in Toms River at 16 Oak Ridge Parkway, Toms River, NJ, 08755 uses $165,419 cash to close to unlock $5,035/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $3,976/mo, and a $2,442/mo payment keeps the spread at $420/mo. Purchase price stands at $499,000, and rental yield measures 9.56% with $3,976/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash records $199,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,976/mo property income covering a $2,442/mo payment rather than investor’s personal income.

Single Family

Built in 1951

10,454 sqft lot

$N/A/sqft

No HOA