29 S Sailors Quay Dr #405BrickNJ08723
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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 Brick at 29 S Sailors Quay Dr #405, Brick, NJ, 08723 earns from $3,128/mo rent with a $2,106/mo payment. Total monthly income totals $3,128/mo. ROI tracks 18.23% on current figures, and rental yield reads 8.72% at a $430,300 purchase. Equity gained on principal adds $2,777/yr, and 5% annual appreciation supports $118,884 over five years. Five-year ROI reaches 95.87% and total cumulative return in cash sums $136,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,128/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$260 monthly 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: N/A • N/A
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Mls ID: #N/A