20 W 87th StBrant BeachNJ08008
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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
Total monthly income runs $3,186/mo, and a $6,113/mo payment. Purchase price stands at $1,249,000, and rental yield measures 3.06% with $3,186/mo rent. Return on cash invested shows 3.42% in year one, and 5% annual appreciation builds toward $345,076 over five years. Five-year ROI reaches 15.58% and total cumulative return in cash records $63,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,186/mo property income covering a $6,113/mo payment rather than investor’s personal income.
Single Family
Built in 1960
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
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Listed by: Gina Laird • RE/MAX of Long Beach Island
Mls Name: Bright MLS
Mls ID: #NJOC2038206