3 Black Pine LaneBrielleNJ08730
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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 3 Black Pine Lane, Brielle, NJ, 08730 uses $192,465 cash to close to unlock $66/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $4,985/mo, and a $2,863/mo payment keeps the spread at $6/mo. Purchase price stands at $585,000, and rental yield measures 10.23% with $4,985/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash records $205,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,985/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Condo
Built in 1987
871.20 sqft lot
$N/A/sqft
$810 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: Monica Kearns • Childers Sotheby's Intl Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515100
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