456 Bay Oak DriveBrickNJ08723
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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 456 Bay Oak Drive, Brick, NJ, 08723 listed at $513,000 pairs $4,878/mo rent with a $2,511/mo payment to leave $1,221/mo cash flow. Total monthly income runs $4,878/mo, and annual cash flow reaches $14,656/yr on $168,777 cash to close. Return on cash invested measures 28.74% in year one, and rental yield registers 11.41% at a $513,000 basis. Equity gained on principal adds $3,310/yr, and annual property appreciation at 5% supports $141,732 by year five. Five-year ROI tracks 151.44% and total cumulative return in cash totals $255,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,878/mo property income relative to a $2,511/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
7,840 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: Lindsay Woodruff • C21/ Herbertsville Real Estate
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22512979
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.