2404 Gulfstream WayToms 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 2404 Gulfstream Way, Toms River, NJ, 08755 offers a 11.18% rental yield on a $367,500 purchase with $3,424/mo rent. Total monthly income registers $3,424/mo, and a $1,799/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,511/yr on $121,826 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $2,371/yr while 5% annual appreciation supports $101,533 over five years. Portfolio math shows five-year ROI at 129.59% and total cumulative return in cash at $157,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,424/mo property income against a $1,799/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
1,306 sqft lot
$N/A/sqft
$345 monthly HOA
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Listed by: Michael Florie • Coldwell Banker Riviera Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22425693
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