4108 Norma PlaceToms 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
Investment property for sale in Toms River at 4108 Norma Place, Toms River, NJ, 08755 uses $116,025 cash to close to unlock $1,456/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $2,952/mo, and a $1,713/mo payment keeps the spread at $121/mo. Purchase price stands at $350,000, and rental yield measures 10.12% with $2,952/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 112.07% and total cumulative return in cash records $130,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,952/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$336 monthly HOA
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Listed by: Stephanie Liskowitz • Keller Williams Realty Spring Lake
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511871
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