17 Leroy Place #1ARed 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 17 Leroy Place #1A, Red Bank, NJ, 07701 earns $328/mo cash flow from $3,172/mo rent with a $1,953/mo payment. Total monthly income totals $3,172/mo, and annual cash flow totals $3,935/yr on $132,269 capital. ROI tracks 22.88% on current figures, and rental yield reads 9.54% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 120.02% and total cumulative return in cash sums $158,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,172/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Gabriella Colasuonno • Prodigy Real Estate Inc.
Mls Name: MoreMLS
Mls ID: #22536677







