127 Bank StreetRed 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
Investment property for sale in Red Bank at 127 Bank Street, Red Bank, NJ, 07701 listed at $719,000 pairs $5,399/mo rent with a $3,519/mo payment to leave $209/mo cash flow. Total monthly income runs $5,399/mo, and annual cash flow reaches $2,511/yr on $236,551 cash to close. Return on cash invested measures 21.12% in year one, and rental yield registers 9.01% at a $719,000 basis. Equity gained on principal adds $4,640/yr, and annual property appreciation at 5% supports $198,646 by year five. Five-year ROI tracks 110.68% and total cumulative return in cash totals $261,821. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,399/mo property income relative to a $3,519/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
3,049 sqft lot
$N/A/sqft
$65 monthly HOA
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Listed by: Allison Gregory • Resources Real Estate
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515367
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