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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Brick at 429A Laurel Brook Drive UNIT 2001, Brick, NJ, 08724 uses $109,362 cash to close to unlock $4,983/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,615/mo payment keeps the spread at $415/mo. Purchase price stands at $329,900, and rental yield measures 10.91% with $3,000/mo rent. Return on cash invested shows 24.47% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 129.47% and total cumulative return in cash records $141,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Townhouse
Built in 1970
6,969 sqft lot
$N/A/sqft
$233 monthly HOA
Neighborhood data shown for ZIP Code: 08724, Brick, NJ area.
| 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 |
Residential
17,913
Single Family
17,749
Multi-Family
164
Businesses
636
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Price change | $329,900 |
| 2024-12-06 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Yvonne Marshall • Exit Platinum Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22434608
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
