7 St Moritz PlaceToms 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
Investment property for sale in Toms River at 7 St Moritz Place, Toms River, NJ, 08753 listed at $263,000 pairs $2,556/mo rent with a $1,287/mo payment to leave $662/mo cash flow. Total monthly income runs $2,556/mo, and annual cash flow reaches $7,940/yr on $87,185 cash to close. Return on cash invested measures 29.02% in year one, and rental yield registers 11.66% at a $263,000 basis. Equity gained on principal adds $1,697/yr, and annual property appreciation at 5% supports $72,662 by year five. Five-year ROI tracks 153.01% and total cumulative return in cash totals $133,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,556/mo property income relative to a $1,287/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1965
4,791 sqft lot
$N/A/sqft
$60 quarterly 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: Malisa J Bompartito • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22521826
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.