7 Toad LnRingoesNJ08551
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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 Ringoes at 7 Toad Ln, Ringoes, NJ, 08551 listed at $564,900 pairs $4,171/mo rent with a $2,765/mo payment to leave $144/mo cash flow. Total monthly income runs $4,171/mo, and annual cash flow reaches $1,733/yr on $185,852 cash to close. Return on cash invested measures 20.99% in year one, and rental yield registers 8.86% at a $564,900 basis. Equity gained on principal adds $3,645/yr, and annual property appreciation at 5% supports $156,071 by year five. Five-year ROI tracks 109.87% and total cumulative return in cash totals $204,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,171/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08551, Ringoes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,043 (100%) |
| Owner Occupied HU | 1,785 (87.4%) |
| Renter Occupied HU | 175 ( 8.6%) |
| Vacant Housing Units | 83 ( 4.1%) |
| Median Home Value | $639,032 |
| Average Home Value | $688,770 |
Housing Distribution
Address Breakdown
Residential
1,976
Single Family
1,976
Multi-Family
0
Businesses
204
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Listed by: Beverly Yoson • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3999260