5 Purnell StreetToms RiverNJ08757
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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 5 Purnell Street, Toms River, NJ, 08757 with 5% annual appreciation on a $369,000 basis while $3,204/mo rent supports operations. Total monthly income totals $3,204/mo and a $1,806/mo payment preserves $574/mo for cash returns. Annual cash flow comes to $6,887/yr on $122,324 deployed, and return on cash invested reaches 25.54% in year one. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 10.42%. Five-year ROI measures 134.25% and total cumulative return in cash totals $164,223.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,204/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
5,227 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
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Listed by: Barbara A Opp • Weichert Realtors-Toms River
Mls Name: MoreMLS
Mls ID: #22603214