96 Pompton Plains Dr #116BrickNJ08724
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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 96 Pompton Plains Dr #116, Brick, NJ, 08724 uses $73,991 cash to close to unlock $9,810/yr annual cash flow and $818/mo monthly cash flow. Total monthly income runs $2,408/mo, and a $1,092/mo payment keeps the spread at $818/mo. Purchase price stands at $223,200, and rental yield measures 12.95% with $2,408/mo rent. Return on cash invested shows 33.17% in year one, and 5% annual appreciation builds toward $61,666 over five years. Five-year ROI reaches 175.2% and total cumulative return in cash records $129,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,408/mo property income covering a $1,092/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A 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: N/A • N/A
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