56 Millbrook DriveToms 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 56 Millbrook Drive, Toms River, NJ, 08757 earns $508/mo cash flow from $2,963/mo rent with a $1,659/mo payment. Total monthly income totals $2,963/mo, and annual cash flow totals $6,101/yr on $112,379 capital. ROI tracks 25.34% on current figures, and rental yield reads 10.49% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 133.35% and total cumulative return in cash sums $149,860. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,963/mo property income instead of your personal income.
Single Family
Built in 1982
6,098 sqft lot
$N/A/sqft
$231 semi-annually 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: David Wood • Weichert Realtors-Morristown
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508052
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.