920 Ridge RoadBrickNJ08724
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
Investment Highlights
Investment property for sale in Brick at 920 Ridge Road, Brick, NJ, 08724 with 5% annual appreciation on a $1,198,000 basis while $4,499/mo rent supports operations. 88% in year one. Equity gained on principal adds $7,731/yr, and five-year appreciation sums $330,985 alongside rental yield of 4.51%. Five-year ROI measures 39.49% and total cumulative return in cash totals $153,283. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,499/mo property income versus a $5,864/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
4.35 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: Megan Schell Schnurr • Keller Williams Realty Spring Lake
Mls Name: MoreMLS
Mls ID: #22537570