321 6th St S UNIT 16BrigantineNJ08203
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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 Brigantine at 321 6th St S UNIT 16, Brigantine, NJ, 08203 listed at $954,990 pairs $2,081/mo rent with a $4,674/mo payment. Total monthly income runs $2,081/mo. Return on cash invested measures 2.01% in year one, and rental yield registers 2.61% at a $954,990 basis. Equity gained on principal adds $6,162/yr, and annual property appreciation at 5% supports $263,846 by year five. Five-year ROI tracks 8.08% and total cumulative return in cash totals $25,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,081/mo property income relative to a $4,674/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A 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
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Listed by: Shawn O'brien • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #593168
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. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.