26 Wiley WaySouth Toms RiverNJ08757
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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 South Toms River at 26 Wiley Way, South Toms River, NJ, 08757 offers a 11.06% rental yield on a $399,999 purchase with $3,688/mo rent. Total monthly income registers $3,688/mo, and a $1,958/mo payment leaves $837/mo available for distribution. Annual cash flow reaches $10,040/yr on $132,600 to close, and return on cash invested stands at 27.48% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,512 over five years. Portfolio math shows five-year ROI at 144.68% and total cumulative return in cash at $191,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,688/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2014
3.68 Acres 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
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Listed by: Karen Vanechanos • Redfin Corporation
Mls Name: MoreMLS
Mls ID: #22532234