843 N Edgebrook Drive NToms 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
Rental property for sale in Toms River at 843 N Edgebrook Drive N, Toms River, NJ, 08757 priced at $309,900 pairs $2,494/mo rent with $285/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,494/mo, and annual cash flow comes to $3,419/yr on $102,732 invested. Return on cash invested is 23.24% in year one, and rental yield stands at 9.66% on a $309,900 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,620 by year five. Five-year ROI measures 121.91% and total cumulative return in cash reaches $125,244. For financing, Ziffy Mortgage’s DSCR program evaluates $2,494/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
5,662 sqft 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: Eric Van Auken • HomeSmart Realty, LLC
Mls Name: MoreMLS
Mls ID: #22600811