5 Island View Way #54Sea BrightNJ07760
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 5 Island View Way #54, Sea Bright, NJ, 07760 in Sea Bright offers a clean, manageable entry. Rental yield 6.59%. DSCR 1.22 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $203,067 in additional property value over five years, with $6,769/yr in principal equity building ownership stake. Total projected cumulative return: $204,299.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(1,970) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,036 |
| Total Monthly Debt Service | $4,947 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
435.60 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
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
Condo
Built in 1982
435.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MoreMLS
Mls ID: #22607754