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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Brick at 16 Aarons Way, Brick, NJ, 08723 uses $199,868 cash to close to unlock $26,283/yr annual cash flow and $2,190/mo monthly cash flow. Total monthly income runs $6,520/mo, and a $2,973/mo payment keeps the spread at $2,190/mo. Purchase price stands at $607,500, and rental yield measures 12.88% with $6,520/mo rent. Return on cash invested shows 33.21% in year one, and 5% annual appreciation builds toward $167,841 over five years. Five-year ROI reaches 175.39% and total cumulative return in cash records $350,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,520/mo property income covering a $2,973/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08723, Brick, NJ area.
| 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 |
Residential
13,974
Single Family
13,359
Multi-Family
615
Businesses
1,178
Date | Event | Price |
|---|---|---|
| 2025-08-20 | Sold | $607,500 |
| 2025-07-23 | Pending sale | $625,000 |
| 2025-07-17 | Price change | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-12 | $9776.81 | 2.15% | $403,500 | N/A |
| 2022-10-12 | $9571.02 | N/A | $403,500 | N/A |
| 2021-10-12 | $9571.02 | 2.95% | $403,500 | N/A |
What's Special
Attic
Listed by: Tracy Barcus • 1st Class Real Estate Agency
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22520214
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
