24 Surf 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
Rental property for sale in Sea Bright at 24 Surf Street, Sea Bright, NJ, 07760 offers $8,497/mo rent that, after a $9,251/mo payment. Total monthly income is $8,497/mo. Return on cash invested measures 10.62% in year one, and rental yield stands at 5.39% at a $1,890,000 entry. Equity gained on principal adds $12,196/yr while 5% annual appreciation compounds into $522,172 by year five. Five-year ROI records 54.19% and total cumulative return in cash reaches $331,843. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,497/mo property income versus a $9,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1,742 sqft 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: Viktoria Adamov • Realty One Group Central
Mls Name: MoreMLS
Mls ID: #22534413