18 Mountain Laurel Lane #ABrielleNJ08730
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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
Rental property for sale in Brielle at 18 Mountain Laurel Lane #A, Brielle, NJ, 08730 generates $3,996/mo in rent, after a $3,181/mo payment. Total monthly income is $3,996/mo. Return on cash invested sits at 16.49% in year one, and rental yield is 7.38% on a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 85.71% and total cumulative return in cash sums $183,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,996/mo property income rather than buyer’s personal income.
Condo
Built in 1980
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08730, Brielle, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,216 (100%) |
| Owner Occupied HU | 1,736 (78.3%) |
| Renter Occupied HU | 260 (11.7%) |
| Vacant Housing Units | 220 ( 9.9%) |
| Median Home Value | $882,452 |
| Average Home Value | $959,807 |
Housing Distribution
Address Breakdown
Residential
2,159
Single Family
2,159
Multi-Family
0
Businesses
265
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Listed by: Joanne Botwinick • Berkshire Hathaway HomeServices Fox & Roach - Ocean
Mls Name: MoreMLS
Mls ID: #22537227