506 Pinecroft 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 506 Pinecroft Drive, Brick, NJ, 08723 earns $63/mo cash flow from $3,619/mo rent with a $2,442/mo payment. Total monthly income totals $3,619/mo, and annual cash flow totals $751/yr on $165,419 capital. ROI tracks 20.36% on current figures, and rental yield reads 8.7% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash sums $176,190. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,619/mo property income instead of your personal income.
Single Family
Built in 1940
5,662 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: Peter Zanowic • Weichert Realtors-Spring Lake
Mls Name: MoreMLS
Mls ID: #22535464