24 St Moritz PlaceToms RiverNJ08753
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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 24 St Moritz Place, Toms River, NJ, 08753 with 5% annual appreciation on a $250,000 basis while $2,896/mo rent supports operations. Total monthly income totals $2,896/mo and a $1,224/mo payment preserves $1,054/mo for cash returns. Annual cash flow comes to $12,644/yr on $82,875 deployed, and return on cash invested reaches 35.17% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 13.9%. Five-year ROI measures 186.21% and total cumulative return in cash totals $154,318.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,896/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
6,098 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08753, Toms River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,100 (100%) |
| Owner Occupied HU | 19,843 (70.6%) |
| Renter Occupied HU | 5,818 (20.7%) |
| Vacant Housing Units | 2,439 ( 8.7%) |
| Median Home Value | $485,093 |
| Average Home Value | $561,358 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
25,474
Multi-Family
311
Businesses
1,634
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Listed by: Gary Mawson • Jersey Property Group Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428046
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.