1507 Sheridan BlvdBrigantineNJ08203
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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 Brigantine at 1507 Sheridan Blvd, Brigantine, NJ, 08203 earns from $6,653/mo rent with a $8,247/mo payment. Total monthly income totals $6,653/mo. ROI tracks 8.59% on current figures, and rental yield reads 4.74% at a $1,685,000 purchase. Equity gained on principal adds $10,873/yr, and 5% annual appreciation supports $465,534 over five years. Five-year ROI reaches 43.33% and total cumulative return in cash sums $236,534. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,653/mo property income instead of your personal income.
Single Family
Built in N/A
4,275 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: Anthony Sentore • RE/MAX COASTAL
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #588115
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. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.