611 Drum Point RoadBrickNJ08723
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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 611 Drum Point Road, Brick, NJ, 08723 at $525,000 posts ROI 18.4% with from $3,504/mo rent. Total monthly income equals $3,504/mo. Return on cash invested measures 18.4% and rental yield reads 8.01% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 95.99% and total cumulative return in cash totals $165,801. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,504/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
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
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Listed by: Abigail Pitts • Coldwell Banker Realty
Mls Name: MOMLS
Mls ID: #22523394