23 Tilton AveToms 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 23 Tilton Ave, Toms River, NJ, 08757 with 5% annual appreciation on a $425,000 basis while $3,661/mo rent supports operations. Total monthly income totals $3,661/mo and a $2,080/mo payment preserves $632/mo for cash returns. Annual cash flow comes to $7,582/yr on $140,888 deployed, and return on cash invested reaches 25.29% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 10.34%. Five-year ROI measures 132.93% and total cumulative return in cash totals $187,277.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,661/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
10,559 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: Camille Simms • RE/MAX at Barnegat Bay - Toms River
Mls Name: Bright MLS
Mls ID: #NJOC2039212