116 Bayshore AveBrigantineNJ08203
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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 Brigantine at 116 Bayshore Ave, Brigantine, NJ, 08203 priced at $1,495,000 pairs $5,145/mo rent with after a $7,317/mo payment. Total monthly income equals $5,145/mo. Return on cash invested is 6.72% in year one, and rental yield stands at 4.13% on a $1,495,000 basis. Equity gained on principal adds $9,647/yr, and 5% annual appreciation accumulates to $413,041 by year five. Five-year ROI measures 33.27% and total cumulative return in cash reaches $161,137. For financing, Ziffy Mortgage’s DSCR program evaluates $5,145/mo property income against a $7,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08203, Brigantine, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,224 (100%) |
| Owner Occupied HU | 2,625 (28.5%) |
| Renter Occupied HU | 1,186 (12.9%) |
| Vacant Housing Units | 5,413 (58.7%) |
| Median Home Value | $513,255 |
| Average Home Value | $601,128 |
Housing Distribution
Address Breakdown
Residential
5,228
Single Family
4,971
Multi-Family
257
Businesses
248
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Listed by: Maria Schrenk • BHHS Fox & Roach-Brigantine
Mls Name: Bright MLS
Mls ID: #NJAC2019010