172 Bonaire DriveToms RiverNJ08757
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 172 Bonaire Drive, Toms River, NJ, 08757 uses $115,992 cash to close to unlock $3,043/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $2,798/mo, and a $1,713/mo payment keeps the spread at $254/mo. Purchase price stands at $349,900, and rental yield measures 9.6% with $2,798/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 118.34% and total cumulative return in cash records $137,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,798/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1979
5,662 sqft lot
$N/A/sqft
$150 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Keane • Weichert Realtors-Forked River
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515474
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.