24 Pickney Road UNIT CRed 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 24 Pickney Road UNIT C, Red Bank, NJ, 07701 at $299,900 posts ROI 32.84% with $1,071/mo cash flow from $3,788/mo rent. Total monthly income equals $3,788/mo, and annual cash flow records $12,855/yr on $99,417 to close. Return on cash invested measures 32.84% and rental yield reads 15.16% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 175.99% and total cumulative return in cash totals $174,964.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,788/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
871.20 sqft lot
$N/A/sqft
$579 monthly HOA
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Listed by: Carole S Kubis • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22427312
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.