89 Brakenbury DriveToms 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 89 Brakenbury Drive, Toms River, NJ, 08757 offers $3,150/mo rent that, after a $2,154/mo payment, leaves $13/mo cash flow. Total monthly income is $3,150/mo, and annual cash flow is $160/yr on $145,860 cash. Return on cash invested measures 20.02% in year one, and rental yield stands at 8.59% at a $439,999 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,564 by year five. Five-year ROI records 104.67% and total cumulative return in cash reaches $152,674. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,150/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
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: Raizy Lederer • HomeSmart First Advantage
Mls Name: MoreMLS
Mls ID: #22535829