1540 Ocean Avenue UNIT 2Sea 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 1540 Ocean Avenue UNIT 2, Sea Bright, NJ, 07760 listed at $1,359,000 pairs $6,400/mo rent with a $6,652/mo payment. Total monthly income runs $6,400/mo. Return on cash invested measures 8.85% in year one, and rental yield registers 5.65% at a $1,359,000 basis. Equity gained on principal adds $8,769/yr, and annual property appreciation at 5% supports $375,467 by year five. Five-year ROI tracks 45.64% and total cumulative return in cash totals $200,951. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,400/mo property income relative to a $6,652/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1982
871.20 sqft lot
$N/A/sqft
$939 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: Karin Z Busichio • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507132
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