7 Mount Kisco DriveToms RiverNJ08753
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
Investment Highlights
Investment property for sale in Toms River at 7 Mount Kisco Drive, Toms River, NJ, 08753 uses $104,423 cash to close to unlock $10,698/yr annual cash flow and $892/mo monthly cash flow. Total monthly income runs $3,137/mo, and a $1,542/mo payment keeps the spread at $892/mo. Purchase price stands at $315,000, and rental yield measures 11.95% with $3,137/mo rent. Return on cash invested shows 30.15% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 159.03% and total cumulative return in cash records $166,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,137/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1969
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Onorato • ERA/ American Towne Realty
Mls Name: MoreMLS
Mls ID: #22601803