233 Medjay LaneToms 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
Rental property for sale in Toms River at 233 Medjay Lane, Toms River, NJ, 08755 priced at $1,350,000 pairs $6,238/mo rent with after a $6,608/mo payment. Total monthly income equals $6,238/mo. Return on cash invested is 11.08% in year one, and rental yield stands at 5.54% on a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and 5% annual appreciation accumulates to $372,980 by year five. Five-year ROI measures 56.67% and total cumulative return in cash reaches $247,865. For financing, Ziffy Mortgage’s DSCR program evaluates $6,238/mo property income against a $6,608/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
1.06 Acres lot
$N/A/sqft
No HOA
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Listed by: Blimi Meisels • Imperial Real Estate Agency
Mls Name: MOMLS
Mls Provider:
Mls ID: #22432879
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.