1912 Quimby CourtToms 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
Investment property for sale in Toms River at 1912 Quimby Court, Toms River, NJ, 08755 uses $139,230 cash to close to unlock $252/yr annual cash flow and $21/mo monthly cash flow. Total monthly income runs $3,257/mo, and a $2,056/mo payment keeps the spread at $21/mo. Purchase price stands at $420,000, and rental yield measures 9.31% with $3,257/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 105.78% and total cumulative return in cash records $147,283. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,257/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Single Family
Built in 1987
7,405 sqft lot
$N/A/sqft
$242 monthly HOA
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Listed by: Eric Valentin • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518761
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.