508 Harris AvenueBrielleNJ08730
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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 Brielle at 508 Harris Avenue, Brielle, NJ, 08730 listed at $1,175,000 pairs $4,631/mo rent with a $5,751/mo payment. Total monthly income runs $4,631/mo. Return on cash invested measures 8.57% in year one, and rental yield registers 4.73% at a $1,175,000 basis. Equity gained on principal adds $7,582/yr, and annual property appreciation at 5% supports $324,631 by year five. Five-year ROI tracks 43.18% and total cumulative return in cash totals $164,398. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,631/mo property income relative to a $5,751/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
4,791 sqft 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: Lisa Finan • Chris Smith Realty
Mls Name: MoreMLS
Mls ID: #22521519