2898 Lenox Street, Toms River, NJ, 08755 | $750/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Toms River at 2898 Lenox Street, Toms River, NJ, 08755 offers a 11.13% rental yield on a $350,000 purchase with $3,245/mo rent. Total monthly income registers $3,245/mo, and a $1,713/mo payment leaves $750/mo available for distribution. Annual cash flow reaches $9,004/yr on $116,025 to close, and return on cash invested stands at 27.67% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 145.72% and total cumulative return in cash at $169,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,245/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1996

5,662 sqft lot

$N/A/sqft

No HOA