635 Winding River RoadBrickNJ08724
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.49% gross rental yield, 635 Winding River Road, Brick, NJ, 08724 in Brick is priced for capital growth, not immediate cash flow. The $1,225,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $338,445 by year five, with $11,282/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.02) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $268,614.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 5.5% |
| Monthly Cash Flow | $(3,123) | $24,000 |
City averages based on Brick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,609 |
| Total Monthly Debt Service | $8,244 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1987
0.57 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
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 1987
0.57 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: Jamie Paradise • RE/MAX Bay Point Realtors
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22516730
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.