45 Dorchester DrToms RiverNJ08753
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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 45 Dorchester Dr, Toms River, NJ, 08753 priced at $655,000 pairs $5,249/mo rent with $580/mo cash flow after a $3,206/mo payment. Total monthly income equals $5,249/mo, and annual cash flow comes to $6,962/yr on $215,495 invested. Return on cash invested is 23.29% in year one, and rental yield stands at 9.62% on a $655,000 basis. Equity gained on principal adds $4,227/yr, and 5% annual appreciation accumulates to $180,964 by year five. Five-year ROI measures 122.2% and total cumulative return in cash reaches $263,339. For financing, Ziffy Mortgage’s DSCR program evaluates $5,249/mo property income against a $3,206/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08753, Toms River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,100 (100%) |
| Owner Occupied HU | 19,843 (70.6%) |
| Renter Occupied HU | 5,818 (20.7%) |
| Vacant Housing Units | 2,439 ( 8.7%) |
| Median Home Value | $485,093 |
| Average Home Value | $561,358 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
25,474
Multi-Family
311
Businesses
1,634
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Listed by: Jason Price • RE/MAX at Barnegat Bay - Forked River
Mls Name: Bright MLS
Mls ID: #NJOC2037958