110 Viburnum Terrace #304Red BankNJ07701
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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 Red Bank at 110 Viburnum Terrace #304, Red Bank, NJ, 07701 generates $3,240/mo in rent and, after a $1,615/mo payment, leaves $888/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $10,659/yr on $109,362 invested. Return on cash invested sits at 29.66% in year one, and rental yield is 11.79% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 156.36% and total cumulative return in cash sums $171,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Georgann Christiani • Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Mls Name: MoreMLS
Mls ID: #22526729