14 Garden 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 14 Garden Street, Red Bank, NJ, 07701 uses $213,521 cash to close to unlock $1,963/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $4,790/mo, and a $3,177/mo payment keeps the spread at $164/mo. Purchase price stands at $649,000, and rental yield measures 8.86% with $4,790/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 109.8% and total cumulative return in cash records $234,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,790/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Troy E Davis • Keller Williams Realty Monmouth/Ocean
Mls Name: MoreMLS
Mls ID: #22602873