266 Alabama AvenueToms 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 266 Alabama Avenue, Toms River, NJ, 08753 at $799,000 posts ROI 16.83% with from $4,987/mo rent. Total monthly income equals $4,987/mo. Return on cash invested measures 16.83% and rental yield reads 7.49% at the current $799,000. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 by year five. Five-year ROI prints 87.52% and total cumulative return in cash totals $230,070. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,987/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
7,840 sqft lot
$N/A/sqft
No 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: Jesenia Lopez • NextHome Realty Premier Properties
Mls Name: MoreMLS
Mls ID: #22532634