8 Barker StreetBrickNJ08724
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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 8 Barker Street, Brick, NJ, 08724 uses $109,362 cash to close to unlock $8,403/yr annual cash flow and $700/mo monthly cash flow. Total monthly income runs $3,052/mo, and a $1,615/mo payment keeps the spread at $700/mo. Purchase price stands at $329,900, and rental yield measures 11.1% with $3,052/mo rent. Return on cash invested shows 27.59% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 145.3% and total cumulative return in cash records $158,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,052/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1976
4,791 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: Laura DeClemente • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22531818