28 Riverside Avenue #2FRed 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 28 Riverside Avenue #2F, Red Bank, NJ, 07701 at $349,000 posts ROI 28.78% with $856/mo cash flow from $3,343/mo rent. Total monthly income equals $3,343/mo, and annual cash flow records $10,267/yr on $115,694 to close. Return on cash invested measures 28.78% and rental yield reads 11.49% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 151.66% and total cumulative return in cash totals $175,464.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,343/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
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Listed by: Ellen Gazzola • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MoreMLS
Mls ID: #22527780








