150 Ocean Avenue UNIT 6Sea BrightNJ07760
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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 Sea Bright at 150 Ocean Avenue UNIT 6, Sea Bright, NJ, 07760 earns from $4,015/mo rent with a $5,384/mo payment. Total monthly income totals $4,015/mo. ROI tracks 4.61% on current figures, and rental yield reads 4.38% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 23.03% and total cumulative return in cash sums $82,087. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,015/mo property income instead of your personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$854 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07760, Rumson, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,283 (100%) |
| Owner Occupied HU | 2,981 (69.6%) |
| Renter Occupied HU | 595 (13.9%) |
| Vacant Housing Units | 707 (16.5%) |
| Median Home Value | $1,419,553 |
| Average Home Value | $1,477,960 |
Housing Distribution
Address Breakdown
Residential
3,990
Single Family
3,950
Multi-Family
40
Businesses
331
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Listed by: Linda Blevins • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22517720
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.