824 Broadway BoulevardToms 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 824 Broadway Boulevard, Toms River, NJ, 08757 with 5% annual appreciation on a $474,000 basis while $3,385/mo rent supports operations. Total monthly income totals $3,385/mo and a $2,320/mo payment preserves $6/mo for cash returns. Annual cash flow comes to $77/yr on $157,131 deployed, and return on cash invested reaches 19.96% in year one. Equity gained on principal adds $3,059/yr, and five-year appreciation sums $130,957 alongside rental yield of 8.57%. Five-year ROI measures 104.34% and total cumulative return in cash totals $163,949.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,385/mo property income versus a $2,320/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.29 Acres lot
$N/A/sqft
No 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: Ronnie Glomb • Your Town Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515773
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.