130 Tower Hill DriveRed 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 130 Tower Hill Drive, Red Bank, NJ, 07701 priced at $499,999 pairs $4,294/mo rent with $240/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,294/mo, and annual cash flow comes to $2,884/yr on $165,750 invested. Return on cash invested is 21.65% in year one, and rental yield stands at 10.31% on a $499,999 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 114.7% and total cumulative return in cash reaches $190,111. For financing, Ziffy Mortgage’s DSCR program evaluates $4,294/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1981
1,742 sqft lot
$N/A/sqft
$490 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Carolina M Zocco • Rosario Realty Inc
Mls Name: MOMLS
Mls Provider:
Mls ID: #22503119
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.