803 Ocean Avenue #7Bradley BeachNJ07720
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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
Total monthly income runs $1,807/mo, and a $1,835/mo payment. Purchase price stands at $374,900, and rental yield measures 5.78% with $1,807/mo rent. Return on cash invested shows 10% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 51.5% and total cumulative return in cash records $64,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,807/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 1960
6,969 sqft lot
$N/A/sqft
$161 monthly HOA
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Listed by: Jennifer Jones • Katora Realty, LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22516051
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