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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Brick at 7 Springhill Drive, Brick, NJ, 08724 offers $3,176/mo rent that, after a $1,982/mo payment, leaves $140/mo cash flow. Total monthly income is $3,176/mo, and annual cash flow is $1,674/yr on $134,258 cash. Return on cash invested measures 21.16% in year one, and rental yield stands at 9.41% at a $405,000 entry. Equity gained on principal adds $2,613/yr while 5% annual appreciation compounds into $111,894 by year five. Five-year ROI records 111.25% and total cumulative return in cash reaches $149,366. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,176/mo property income versus a $1,982/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
6,969 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood data shown for ZIP Code: 08724, Brick, NJ area.
| 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 |
Residential
17,913
Single Family
17,749
Multi-Family
164
Businesses
636
Date | Event | Price |
|---|---|---|
| 2025-07-02 | Sold | $405,000 |
| 2025-06-02 | Pending sale | $419,900 |
| 2025-05-15 | Price change | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-11 | $5457.06 | 2.23% | $233,800 | N/A |
| 2022-10-11 | $5337.82 | N/A | $233,800 | N/A |
| 2021-10-11 | $5337.82 | 3.21% | $233,800 | N/A |
What's Special
Pull Down Stairs
Listed by: Joan Macort • Fathom Realty NJ
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22512857
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.
