3806 Galloping Hill LaneToms RiverNJ08755
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 Toms River at 3806 Galloping Hill Lane, Toms River, NJ, 08755 generates $3,767/mo in rent, after a $2,447/mo payment. Total monthly income is $3,767/mo. Return on cash invested sits at 18.7% in year one, and rental yield is 9.04% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 98.59% and total cumulative return in cash sums $163,380. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,767/mo property income rather than buyer’s personal income.
Condo
Built in 1998
1,306 sqft lot
$N/A/sqft
$370 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Tennaro • RE/MAX First Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22519189
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.