162 Castleton DriveToms RiverNJ08757
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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 162 Castleton Drive, Toms River, NJ, 08757 listed at $290,000 pairs $2,699/mo rent with a $1,419/mo payment to leave $632/mo cash flow. Total monthly income runs $2,699/mo, and annual cash flow reaches $7,588/yr on $96,135 cash to close. Return on cash invested measures 27.8% in year one, and rental yield registers 11.17% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 146.41% and total cumulative return in cash totals $140,752. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,699/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08757, Toms River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,526 (100%) |
| Owner Occupied HU | 15,976 (77.8%) |
| Renter Occupied HU | 2,528 (12.3%) |
| Vacant Housing Units | 2,022 ( 9.9%) |
| Median Home Value | $288,781 |
| Average Home Value | $336,075 |
Housing Distribution
Address Breakdown
Residential
18,568
Single Family
18,567
Multi-Family
1
Businesses
172
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Listed by: Karen A Totams • Crossroads Realty Inc-Lavallette
Mls Name: MoreMLS
Mls ID: #22534571