61 Reservation RowBrickNJ08723
INVESTMENT ANALYSIS
Investment Verdict
Solid Income61 Reservation Row, Brick, NJ, 08723 in Brick is a solid income-producing rental, 9.85% gross yield, $3,898/mo rent, $512/mo net cash flow on a $475,000 buy. DSCR 1.82 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $131,234 and $4,375/yr in principal reduction project a total cumulative return of $215,054.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 5.5% |
| Monthly Cash Flow | $512 | $24,000 |
City averages based on Brick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,898 |
| Total Monthly Debt Service | $3,197 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
10,018 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
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
Single Family
Built in 1955
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia E Meyer • Sea Point Realtors
Mls Name: MoreMLS
Mls ID: #22535466