27 Irving PlaceRed 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 27 Irving Place, Red Bank, NJ, 07701 generates $4,712/mo in rent, after a $7,709/mo payment. Total monthly income is $4,712/mo. Return on cash invested sits at 5.05% in year one, and rental yield is 3.59% on a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 24.33% and total cumulative return in cash sums $124,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Christine Morford • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22527158
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