5205 Trotters WayToms RiverNJ08755
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 5205 Trotters Way, Toms River, NJ, 08755 in Toms River worth modelling. At $499,999 with a 8.97% gross yield, the $3,736/mo rent leaves $172/mo after the $2,248/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.66 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $138,141 by year five; $4,605/yr in principal reduction adds further equity. Total projected return: $202,755.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.5% |
| Monthly Cash Flow | $172 | $1,850 |
City averages based on Toms River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,736 |
| Total Monthly Debt Service | $3,365 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1997
1,306 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1997
1,306 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Hill • Berkshire Hathaway HomeServices Fox & Roach - Toms River
Mls Name: MOMLS
Mls ID: #22521619