2448 Spring Hill DriveToms RiverNJ08755
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 2448 Spring Hill Drive, Toms River, NJ, 08755 in Toms River: $4,091/mo in rent, $442/mo in net income, 10.23% gross yield, 1.90 DSCR, all at $479,999. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $132,615 in appreciation and $4,421/yr in principal paydown projects total cumulative return of $213,455.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.5% |
| Monthly Cash Flow | $442 | $1,850 |
City averages based on Toms River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,091 |
| Total Monthly Debt Service | $3,457 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
5,662 sqft lot
$N/A/sqft
$681 quarterly HOA
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
Single Family
Built in 1995
5,662 sqft lot
$N/A/sqft
$681 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elaine C Certa-Morrison • RE/MAX Elite
Mls Name: MOMLS
Mls Provider:
Mls ID: #22500060
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.