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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Red Bank at 28 Riverside Avenue Apt 1M, Red Bank, NJ, 07701 listed at $359,000 pairs $3,448/mo rent with a $1,757/mo payment. Total monthly income runs $3,448/mo. Return on cash invested measures 13.25% in year one, and rental yield registers 11.53% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 74.05% and total cumulative return in cash totals $88,123. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,448/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A lot
$N/A/sqft
$1,550 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-04-06 | Listed for sale | $359,000 |
| 2025-03-02 | Listing removed | $385,000 |
| 2025-02-06 | Price change | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gregory Reissner • C21/ Solid Gold Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22509827
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.
