51 Bay Shore DriveToms 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 51 Bay Shore Drive, Toms River, NJ, 08753 priced at $1,850,000 pairs $5,506/mo rent with after a $9,055/mo payment. Total monthly income equals $5,506/mo. Return on cash invested is 4.99% in year one, and rental yield stands at 3.57% on a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and 5% annual appreciation accumulates to $511,121 by year five. Five-year ROI measures 24.02% and total cumulative return in cash reaches $143,977. For financing, Ziffy Mortgage’s DSCR program evaluates $5,506/mo property income against a $9,055/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,405 sqft 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: Karin Rocio Estela Fernandez • Keller Williams Realty Ocean Living
Mls Name: MOMLS
Mls ID: #22524806