27 3rd AveSouth Toms RiverNJ08757
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
Investment Highlights
Rental property for sale in South Toms River at 27 3rd Ave, South Toms River, NJ, 08757 offers $4,096/mo rent that, after a $3,365/mo payment. Total monthly income is $4,096/mo. Return on cash invested measures 15.79% in year one, and rental yield stands at 7.15% at a $687,500 entry. Equity gained on principal adds $4,436/yr while 5% annual appreciation compounds into $189,944 by year five. Five-year ROI records 81.97% and total cumulative return in cash reaches $185,415. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,096/mo property income versus a $3,365/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.46 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CRYSTAL ROY • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJOC2038336