502 Old Bridge RoadBrielleNJ08730
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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 Brielle at 502 Old Bridge Road, Brielle, NJ, 08730 priced at $1,999,999 converts $6,467/mo rent into after a $9,789/mo obligation. Total monthly income equals $6,467/mo. Return on cash invested prints 5.95% in year one, and rental yield reads 3.88% against a $1,999,999 entry. Equity gained on principal adds $12,906/yr, while 5% annual appreciation compiles into $552,563 by year five. Five-year ROI reaches 29.13% and total cumulative return in cash sums $188,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,467/mo property income covering a $9,789/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08730, Brielle, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,216 (100%) |
| Owner Occupied HU | 1,736 (78.3%) |
| Renter Occupied HU | 260 (11.7%) |
| Vacant Housing Units | 220 ( 9.9%) |
| Median Home Value | $882,452 |
| Average Home Value | $959,807 |
Housing Distribution
Address Breakdown
Residential
2,159
Single Family
2,159
Multi-Family
0
Businesses
265
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Listed by: Susan V Bastardo • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22512784
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.