494 5th AvenueBrickNJ08724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 494 5th Avenue, Brick, NJ, 08724 earns $12/mo cash flow from $2,329/mo rent with a $1,591/mo payment. Total monthly income totals $2,329/mo, and annual cash flow totals $146/yr on $107,738 capital. ROI tracks 20.04% on current figures, and rental yield reads 8.6% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 104.84% and total cumulative return in cash sums $112,957. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,329/mo property income instead of your personal income.
Single Family
Built in 1984
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy Stefani • Jack Green Realty
Mls Name: MOMLS
Mls ID: #22521012