18 Ely CourtToms 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
Rental property for sale in Toms River at 18 Ely Court, Toms River, NJ, 08757 priced at $343,900 converts $2,634/mo rent into $160/mo cash flow after a $1,683/mo obligation. Total monthly income equals $2,634/mo, and annual cash flow totals $1,920/yr on $114,003 invested. Return on cash invested prints 21.59% in year one, and rental yield reads 9.19% against a $343,900 entry. Equity gained on principal adds $2,219/yr, while 5% annual appreciation compiles into $95,013 by year five. Five-year ROI reaches 113.18% and total cumulative return in cash sums $129,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,634/mo property income covering a $1,683/mo payment, not borrower’s personal income.
Single Family
Built in 1977
6,098 sqft lot
$N/A/sqft
$276 annually 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: Jacqueline Paterno • Crossroads Realty Manchester
Mls Name: MOMLS
Mls Provider:
Mls ID: #22506656
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.