406 Mississippi Street UNIT 706Toms 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 406 Mississippi Street UNIT 706, Toms River, NJ, 08755 generates $4,324/mo in rent and, after a $2,521/mo payment, leaves $453/mo in cash flow. Total monthly income is $4,324/mo, and annual cash flow is $5,434/yr on $169,435 invested. Return on cash invested sits at 23.27% in year one, and rental yield is 10.08% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 122.57% and total cumulative return in cash sums $207,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,324/mo property income rather than buyer’s personal income.
Townhouse
Built in 2015
871.20 sqft lot
$N/A/sqft
$200 monthly HOA
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Listed by: Reuven Weiss • Nationwide Homes Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507098
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.