ZIP CODE 08753 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
Toms River, NJ (08753) Rental Property Cap Rate & Cash Flow Report
Located in Ocean County (Toms River, NJ), Zip Code 08753 ranks #337 of 500 within this selected sample (33th percentile) with a Zillow ZHVI typical home-value index of $543,614 (+4.4% YoY) and a ZORI observed market rent of $2,735/mo (+6.2% YoY). Requires at least 64.8% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,538/mo
Annual: -$18,457/yr
Modeled Cap Rate
2.67%
NOI: $14,528/yr
Cash-on-Cash Return
-14.76%
Cash Needed: $125,031
1% Rule Ratio
0.50%
Gross Yield: 6.04%
Break-Even Rent
$4,503/mo
State Tax: 2.08%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 08753 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NJ Avg 2.08%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,749/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,524/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (08753)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $445,764 | $2,268/mo | 6.11% |
| 2023 | $464,872 | $2,352/mo | 6.07% |
| 2024 | $507,167 | $2,453/mo | 5.80% |
| 2025 | $520,744 | $2,576/mo | 5.94% |
| 2026 | $543,614 | $2,735/mo | 6.04% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 08527 Jackson, NJ | $638,995 | $3,281/mo | 2.78% | -$1,750/mo |
| 07111 Irvington, NJ | $419,974 | $1,920/mo | 2.19% | -$1,356/mo |
| 08854 Piscataway, NJ | $595,607 | $2,643/mo | 2.05% | -$1,993/mo |
| 07305 Jersey City, NJ | $527,875 | $2,314/mo | 2.00% | -$1,791/mo |
| 07093 West New York, NJ | $433,809 | $2,522/mo | 3.49% | -$932/mo |
| 07087 Union City, NJ | $559,694 | $2,343/mo | 1.79% | -$1,995/mo |