7 Ocean Dr EBrigantineNJ08203
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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 7 Ocean Dr E, Brigantine, NJ, 08203 with 5% annual appreciation on a $1,319,700 basis while $7,784/mo rent supports operations. 82% in year one. Equity gained on principal adds $8,516/yr, and five-year appreciation sums $364,609 alongside rental yield of 7.08%. Five-year ROI measures 82.05% and total cumulative return in cash totals $350,852. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,784/mo property income versus a $6,459/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
6,250 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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Listed by: N/A • N/A
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