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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% |
Rental property for sale in Red Bank at 28 Riverside Avenue UNIT 1H, Red Bank, NJ, 07701 priced at $465,000 pairs $4,685/mo rent with after a $2,276/mo payment. Total monthly income equals $4,685/mo. Return on cash invested is 16.58% in year one, and rental yield stands at 12.09% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 91.31% and total cumulative return in cash reaches $140,747. For financing, Ziffy Mortgage’s DSCR program evaluates $4,685/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,798 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Price change | $465,000 |
| 2025-05-14 | Listed for sale | $479,000 |
| 2025-04-16 | Pending sale | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carrie Marxen • NextHome Peninsula Realty Group
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518061
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.
