693 Harbor RoadBrickNJ08724
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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 693 Harbor Road, Brick, NJ, 08724 at $1,649,000 posts ROI 5.29% with from $5,040/mo rent. Total monthly income equals $5,040/mo. Return on cash invested measures 5.29% and rental yield reads 3.67% at the current $1,649,000. Equity gained on principal adds $10,641/yr, and 5% annual appreciation supports $455,588 by year five. Five-year ROI prints 25.62% and total cumulative return in cash totals $136,863. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,040/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
10,454 sqft 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
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Listed by: Danielle Arena • C21/ Action Plus Realty
Mls Name: MoreMLS
Mls ID: #22533383