33 Mariner PlaceBrickNJ08723
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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
Rental property for sale in Brick at 33 Mariner Place, Brick, NJ, 08723 offers $2,843/mo rent that, after a $1,248/mo payment, leaves $1,026/mo cash flow. Total monthly income is $2,843/mo, and annual cash flow is $12,306/yr on $84,533 cash. Return on cash invested measures 34.47% in year one, and rental yield stands at 13.38% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 182.15% and total cumulative return in cash reaches $153,980. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,843/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1983
3,920 sqft lot
$N/A/sqft
No 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: Darlene M Sieb • C21/ Solid Gold Realty
Mls Name: MOMLS
Mls ID: #22522693