1916 5th AvenueToms 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 1916 5th Avenue, Toms River, NJ, 08757 uses $152,490 cash to close to unlock $5,420/yr annual cash flow and $452/mo monthly cash flow. Total monthly income runs $3,730/mo, and a $2,251/mo payment keeps the spread at $452/mo. Purchase price stands at $460,000, and rental yield measures 9.73% with $3,730/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 123.14% and total cumulative return in cash records $187,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,730/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1977
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Norville • Keller Williams Realty Monmouth/Ocean
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508506
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.