2666 Meadow Lake DriveToms 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
Rental property for sale in Toms River at 2666 Meadow Lake Drive, Toms River, NJ, 08755 offers $3,415/mo rent that, after a $1,762/mo payment, leaves $646/mo cash flow. Total monthly income is $3,415/mo, and annual cash flow is $7,752/yr on $119,338 cash. Return on cash invested measures 26.4% in year one, and rental yield stands at 11.38% at a $359,995 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,460 by year five. Five-year ROI records 139.69% and total cumulative return in cash reaches $166,700. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,415/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
$609 quarterly HOA
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Listed by: Denise Godfrey • Diane Turton, Realtors-Toms River
Mls Name: MOMLS
Mls Provider:
Mls ID: #22426499
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.