904 Rio Grande DriveToms RiverNJ08755
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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 904 Rio Grande Drive, Toms River, NJ, 08755 listed at $590,000 pairs $3,185/mo rent with a $2,888/mo payment. Total monthly income runs $3,185/mo. Return on cash invested measures 12.36% in year one, and rental yield registers 6.48% at a $590,000 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $163,006 by year five. Five-year ROI tracks 64.08% and total cumulative return in cash totals $124,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,185/mo property income relative to a $2,888/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
N/A lot
$N/A/sqft
$225 monthly HOA
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Listed by: Chaim Blau • Good Choice Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22518200
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