237 22nd AvenueBrickNJ08724
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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
Total monthly income runs $3,013/mo, and a $2,555/mo payment. Purchase price stands at $522,000, and rental yield measures 6.93% with $3,013/mo rent. Return on cash invested shows 15.11% in year one, and 5% annual appreciation builds toward $144,219 over five years. Five-year ROI reaches 78.36% and total cumulative return in cash records $134,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,013/mo property income covering a $2,555/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08724, Brick, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,913
Single Family
17,749
Multi-Family
164
Businesses
636
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Listed by: Olga Arias • Keller Williams Realty Central Monmouth
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22514448
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.