802 Mississippi StreetToms RiverNJ08755
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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 802 Mississippi Street, Toms River, NJ, 08755 listed at $509,900 pairs $3,907/mo rent with a $2,496/mo payment to leave $72/mo cash flow. Total monthly income runs $3,907/mo, and annual cash flow reaches $867/yr on $167,757 cash to close. Return on cash invested measures 20.58% in year one, and rental yield registers 9.19% at a $509,900 basis. Equity gained on principal adds $3,290/yr, and annual property appreciation at 5% supports $140,876 by year five. Five-year ROI tracks 108.17% and total cumulative return in cash totals $181,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,907/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2016
871.20 sqft lot
$N/A/sqft
$200 monthly HOA
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Listed by: Joshua Spiegel • Imperial Real Estate Agency
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428192
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.