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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 2 Matterhorn Way, Brick, NJ, 08724 offers a 7.73% rental yield on a $515,000 purchase with $3,317/mo rent. 42% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 85.74% and total cumulative return in cash at $145,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,317/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
6,969 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood data shown for ZIP Code: 08724, Brick, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,773 (100%) |
| Owner Occupied HU | 14,538 (77.4%) |
| Renter Occupied HU | 3,067 (16.3%) |
| Vacant Housing Units | 1,168 ( 6.2%) |
| Median Home Value | $461,086 |
| Average Home Value | $516,845 |
Residential
17,913
Single Family
17,749
Multi-Family
164
Businesses
636
Date | Event | Price |
|---|---|---|
| 2021-03-24 | Listing removed | N/A |
| 2021-01-14 | Sold | $287,000 |
| 2020-09-30 | Price change | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-17 | $4513.52 | 8.20% | $184,000 | N/A |
| 2022-09-17 | $4171.52 | N/A | $184,000 | N/A |
| 2021-09-17 | $4171.52 | 3.52% | $184,000 | N/A |
Listed by: Leigha M Gullotta-Jackson • Berkshire Hathaway HomeServices Fox & Roach - Lavallette
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22528066
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.
