515 Lafayette BlvdBrigantineNJ08203
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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 Brigantine at 515 Lafayette Blvd, Brigantine, NJ, 08203 offers $2,878/mo rent that, after a $3,387/mo payment. Total monthly income is $2,878/mo. Return on cash invested measures 9.23% in year one, and rental yield stands at 4.99% at a $691,900 entry. Equity gained on principal adds $4,465/yr while 5% annual appreciation compounds into $191,159 by year five. Five-year ROI records 46.79% and total cumulative return in cash reaches $106,517. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,878/mo property income versus a $3,387/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
5,000 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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