442 Brick BoulevardBrickNJ08723
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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 442 Brick Boulevard, Brick, NJ, 08723 generates $2,274/mo in rent and, after a $1,317/mo payment, leaves $138/mo in cash flow. Total monthly income is $2,274/mo, and annual cash flow is $1,659/yr on $89,174 invested. Return on cash invested sits at 21.77% in year one, and rental yield is 10.14% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 115.15% and total cumulative return in cash sums $102,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,274/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$218 monthly 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: Alfred Oliva • Keller Williams Realty Central Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22509649
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.