893 Harrison RoadToms RiverNJ08753
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
Investment Highlights
Investment property for sale in Toms River at 893 Harrison Road, Toms River, NJ, 08753 earns $414/mo cash flow from $3,044/mo rent with a $1,806/mo payment. Total monthly income totals $3,044/mo, and annual cash flow totals $4,967/yr on $122,324 capital. ROI tracks 23.97% on current figures, and rental yield reads 9.9% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 125.85% and total cumulative return in cash sums $153,939. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,044/mo property income instead of your personal income.
Single Family
Built in 1961
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08753, Toms River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,100 (100%) |
| Owner Occupied HU | 19,843 (70.6%) |
| Renter Occupied HU | 5,818 (20.7%) |
| Vacant Housing Units | 2,439 ( 8.7%) |
| Median Home Value | $485,093 |
| Average Home Value | $561,358 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
25,474
Multi-Family
311
Businesses
1,634
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Bach • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22432078
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.