24 Mulberry Court UNIT DBrielleNJ08730
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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
Investment property for sale in Brielle at 24 Mulberry Court UNIT D, Brielle, NJ, 08730 listed at $549,900 pairs $4,345/mo rent with a $2,691/mo payment to leave $21/mo cash flow. Total monthly income runs $4,345/mo, and annual cash flow reaches $251/yr on $180,917 cash to close. Return on cash invested measures 20.2% in year one, and rental yield registers 9.48% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 106.57% and total cumulative return in cash totals $192,794. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,345/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
871.20 sqft lot
$N/A/sqft
$405 monthly 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: Antonella Carannante • Realty One Group Emerge
Mls Name: MOMLS
Mls Provider:
Mls ID: #22426749
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