846 William DriveBrielleNJ08730
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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
Rental property for sale in Brielle at 846 William Drive, Brielle, NJ, 08730 priced at $1,499,000 converts $6,379/mo rent into after a $7,337/mo obligation. Total monthly income equals $6,379/mo. Return on cash invested prints 9.73% in year one, and rental yield reads 5.11% against a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation compiles into $414,146 by year five. Five-year ROI reaches 49.43% and total cumulative return in cash sums $240,069. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,379/mo property income covering a $7,337/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08730, Brielle, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,216 (100%) |
| Owner Occupied HU | 1,736 (78.3%) |
| Renter Occupied HU | 260 (11.7%) |
| Vacant Housing Units | 220 ( 9.9%) |
| Median Home Value | $882,452 |
| Average Home Value | $959,807 |
Housing Distribution
Address Breakdown
Residential
2,159
Single Family
2,159
Multi-Family
0
Businesses
265
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Listed by: Christopher J Smith • Chris Smith Realty
Mls Name: MoreMLS
Mls ID: #22602226