2 River StreetSea 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 2 River Street, Sea Bright, NJ, 07760 at $1,999,000 posts ROI 6.92% with from $6,989/mo rent. Total monthly income equals $6,989/mo. Return on cash invested measures 6.92% and rental yield reads 4.2% at the current $1,999,000. Equity gained on principal adds $12,899/yr, and 5% annual appreciation supports $552,287 by year five. Five-year ROI prints 34.35% and total cumulative return in cash totals $222,473. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,989/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No 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: Louis Raffetto • Burke&Manna Real Estate Agency
Mls Name: MOMLS
Mls Provider:
Mls ID: #22416575
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.