313 Shawnee DriveBrickNJ08724
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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 313 Shawnee Drive, Brick, NJ, 08724 listed at $594,999 pairs $4,660/mo rent with a $2,912/mo payment to leave $419/mo cash flow. Total monthly income runs $4,660/mo, and annual cash flow reaches $5,030/yr on $195,755 cash to close. Return on cash invested measures 22.63% in year one, and rental yield registers 9.4% at a $594,999 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,387 by year five. Five-year ROI tracks 118.66% and total cumulative return in cash totals $232,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,660/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
5,227 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: Kim Reale • Realty ONE Group Showcase
Mls Name: MoreMLS
Mls ID: #22529730