2703 Meadow Lake DrToms 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 2703 Meadow Lake Dr, Toms River, NJ, 08755 generates $3,996/mo in rent and, after a $2,276/mo payment, leaves $455/mo in cash flow. Total monthly income is $3,996/mo, and annual cash flow is $5,454/yr on $154,148 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 10.31% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 123.7% and total cumulative return in cash sums $190,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,996/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
6,969 sqft lot
$N/A/sqft
$681 quarterly HOA
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Nearby investment properties with comparable prices
Listed by: Karen Treacy • Howard Hanna Rand Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3993760
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