1615 Lacebark 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
Rental property for sale in Toms River at 1615 Lacebark Road, Toms River, NJ, 08755 offers $3,346/mo rent that, after a $1,906/mo payment, leaves $336/mo cash flow. Total monthly income is $3,346/mo, and annual cash flow is $4,033/yr on $129,119 cash. Return on cash invested measures 23.03% in year one, and rental yield stands at 10.31% at a $389,500 entry. Equity gained on principal adds $2,513/yr while 5% annual appreciation compounds into $107,612 by year five. Five-year ROI records 121.64% and total cumulative return in cash reaches $157,063. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,346/mo property income versus a $1,906/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
5,662 sqft lot
$N/A/sqft
$234 monthly HOA
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Listed by: Anthony Castellano • Schlosser Real Estate, Inc.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22433938
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.