119 Celebration Boulevard #919BrickNJ08723
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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 Brick at 119 Celebration Boulevard #919, Brick, NJ, 08723 listed at $544,900 pairs $3,469/mo rent with a $2,667/mo payment. Total monthly income runs $3,469/mo. Return on cash invested measures 17.28% in year one, and rental yield registers 7.64% at a $544,900 basis. Equity gained on principal adds $3,516/yr, and annual property appreciation at 5% supports $150,546 by year five. Five-year ROI tracks 89.99% and total cumulative return in cash totals $161,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,469/mo property income relative to a $2,667/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
5,662 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: Derek Eisenberg • Continental Real Estate Group
Mls Name: MoreMLS
Mls ID: #22527871