298 Shrewsbury Avenue, Red Bank, NJ, 07701 | 6.04% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Red Bank at 298 Shrewsbury Avenue, Red Bank, NJ, 07701 generates $4,152/mo in rent, after a $4,038/mo payment. Total monthly income is $4,152/mo. Return on cash invested sits at 12.42% in year one, and rental yield is 6.04% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 63.88% and total cumulative return in cash sums $173,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,152/mo property income rather than buyer’s personal income.

Multi Family

Built in 1930

4,356 sqft lot

$N/A/sqft

No HOA