222 40th St SBrigantineNJ08203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 222 40th St S, Brigantine, NJ, 08203 listed at $680,000 pairs $2,449/mo rent with a $3,328/mo payment. Total monthly income runs $2,449/mo. Return on cash invested measures 7.2% in year one, and rental yield registers 4.32% at a $680,000 basis. Equity gained on principal adds $4,388/yr, and annual property appreciation at 5% supports $187,871 by year five. Five-year ROI tracks 35.9% and total cumulative return in cash totals $80,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,449/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
4,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROBERT MCCLAY • KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
Mls Name: SJSRMLS
Mls ID: #598030