511 Schley AvenueToms 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
Rental property for sale in Toms River at 511 Schley Avenue, Toms River, NJ, 08755 priced at $350,000 converts $3,038/mo rent into $212/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,038/mo, and annual cash flow totals $2,548/yr on $116,025 invested. Return on cash invested prints 22.11% in year one, and rental yield reads 10.42% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 117.1% and total cumulative return in cash sums $135,866. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,038/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Townhouse
Built in 1999
435.60 sqft lot
$N/A/sqft
$331 monthly HOA
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Listed by: Mariya Hnatkevych • RE/MAX First Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22429952
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