30 Dickinson CourtRed 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 30 Dickinson Court, Red Bank, NJ, 07701 generates $4,378/mo in rent and, after a $1,705/mo payment, leaves $1,368/mo in cash flow. Total monthly income is $4,378/mo, and annual cash flow is $16,419/yr on $115,445 invested. Return on cash invested sits at 34.13% in year one, and rental yield is 15.09% on a $348,250 entry. Equity gained on principal adds $2,247/yr, while 5% annual appreciation builds toward $96,215 over five years. Five-year ROI reaches 182.36% and total cumulative return in cash sums $210,520. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,378/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
871.20 sqft lot
$N/A/sqft
$527 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Leonora Lacqua-Caminiti • Compass New Jersey LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22514176
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.