627 Meadow RunBrickNJ08724
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
Investment Highlights
Rental property for sale in Brick at 627 Meadow Run, Brick, NJ, 08724 generates $4,994/mo in rent, after a $3,769/mo payment. Total monthly income is $4,994/mo. Return on cash invested sits at 17.72% in year one, and rental yield is 7.78% on a $770,000 entry. Equity gained on principal adds $4,969/yr, while 5% annual appreciation builds toward $212,737 over five years. Five-year ROI reaches 92.31% and total cumulative return in cash sums $233,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,994/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08724, Brick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,773 (100%) |
| Owner Occupied HU | 14,538 (77.4%) |
| Renter Occupied HU | 3,067 (16.3%) |
| Vacant Housing Units | 1,168 ( 6.2%) |
| Median Home Value | $461,086 |
| Average Home Value | $516,845 |
Housing Distribution
Address Breakdown
Residential
17,913
Single Family
17,749
Multi-Family
164
Businesses
636
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Lukowiak • Realty One Group Emerge
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22520547
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.