41 Nostrand DriveToms 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
Investment property for sale in Toms River at 41 Nostrand Drive, Toms River, NJ, 08757 with 5% annual appreciation on a $325,000 basis while $2,932/mo rent supports operations. Total monthly income totals $2,932/mo and a $1,591/mo payment preserves $615/mo for cash returns. Annual cash flow comes to $7,382/yr on $107,738 deployed, and return on cash invested reaches 26.76% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 10.83%. Five-year ROI measures 140.87% and total cumulative return in cash totals $151,765.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,932/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
6,098 sqft 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: Jacquelyn Dragotto • VRI Homes
Mls Name: MoreMLS
Mls ID: #22527994