3 Bay CtBrigantineNJ08203
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 3 Bay Ct, Brigantine, NJ, 08203 earns from $5,384/mo rent with a $7,097/mo payment. Total monthly income totals $5,384/mo. ROI tracks 7.72% on current figures, and rental yield reads 4.46% at a $1,450,000 purchase. Equity gained on principal adds $9,357/yr, and 5% annual appreciation supports $400,608 over five years. Five-year ROI reaches 38.65% and total cumulative return in cash sums $181,581. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,384/mo property income instead of your personal income.
Single Family
Built in N/A
0.28 Acres 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: DAVID CAMPBELL • Soleil Sotheby's International Realty - A
Mls Name: SJSRMLS
Mls ID: #600375