101 Meadowbrook RoadBrickNJ08723
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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
Investment Highlights
Investment property for sale in Brick at 101 Meadowbrook Road, Brick, NJ, 08723 uses $124,313 cash to close to unlock $6,366/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $3,203/mo, and a $1,835/mo payment keeps the spread at $531/mo. Purchase price stands at $375,000, and rental yield measures 10.25% with $3,203/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 131.54% and total cumulative return in cash records $163,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,203/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1986
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08723, Brick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,926 (100%) |
| Owner Occupied HU | 10,737 (71.9%) |
| Renter Occupied HU | 2,777 (18.6%) |
| Vacant Housing Units | 1,412 ( 9.5%) |
| Median Home Value | $458,857 |
| Average Home Value | $535,159 |
Housing Distribution
Address Breakdown
Residential
13,974
Single Family
13,359
Multi-Family
615
Businesses
1,178
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Listed by: Doris Cinquemane • Weichert Realtors-Pt.Pl.Beach
Mls Name: MoreMLS
Mls ID: #22537124