230 Drum Point RoadBrickNJ08723
Nearby investment properties with comparable rents
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 230 Drum Point Road, Brick, NJ, 08723 earns from $3,841/mo rent with a $2,692/mo payment. Total monthly income totals $3,841/mo. ROI tracks 19.53% on current figures, and rental yield reads 8.38% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 102.05% and total cumulative return in cash sums $184,654. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,841/mo property income instead of your personal income.
Single Family
Built in 1955
1.05 Acres 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: Alexander Guarino • Daunno Realty Services
Mls Name: MoreMLS
Mls ID: #22527830