13 Firethorn Circle UNIT 355Red 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 13 Firethorn Circle UNIT 355, Red Bank, NJ, 07701 generates $3,240/mo in rent and, after a $1,865/mo payment, leaves $216/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $2,589/yr on $126,302 invested. Return on cash invested sits at 21.96% in year one, and rental yield is 10.2% on a $381,000 entry. Equity gained on principal adds $2,459/yr, while 5% annual appreciation builds toward $105,263 over five years. Five-year ROI reaches 116.12% and total cumulative return in cash sums $146,667. 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
435.60 sqft lot
$N/A/sqft
$925 quarterly HOA
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Listed by: Raquel-Maria Manning • C21 Thomson & Co.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508290
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.