405 17th AvenueBrickNJ08724
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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 405 17th Avenue, Brick, NJ, 08724 generates $3,821/mo in rent, after a $2,936/mo payment. Total monthly income is $3,821/mo. Return on cash invested sits at 17.3% in year one, and rental yield is 7.64% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 90.05% and total cumulative return in cash sums $177,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,821/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,000 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: Patricia A Haverstick • Ward Wight Sotheby's International Realty
Mls Name: MoreMLS
Mls ID: #22529052