88 WestbrookToms RiverNJ08757
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow88 Westbrook, Toms River, NJ, 08757 in Toms River is a solid income-producing rental, 10.33% gross yield, $2,569/mo rent, $422/mo net cash flow on a $298,500 buy. DSCR 1.91 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $82,470 and $2,749/yr in principal reduction project a total cumulative return of $141,652.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.5% |
| Monthly Cash Flow | $422 | $1,850 |
City averages based on Toms River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,569 |
| Total Monthly Debt Service | $2,029 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$60 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
$60 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evan M Hyde • The MacGowan Agency, Inc.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22500555
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.