159 Sheridan SqBrigantineNJ08203
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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 159 Sheridan Sq, Brigantine, NJ, 08203 earns from $2,952/mo rent with a $2,055/mo payment. Total monthly income totals $2,952/mo. ROI tracks 19.56% on current figures, and rental yield reads 8.44% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 102.2% and total cumulative return in cash sums $142,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,952/mo property income instead of your personal income.
Apartment
Built in 1960
950 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: John Cravero • RE/MAX ONE Realty-Moorestown
Mls Name: Bright MLS
Mls ID: #NJAC2020052