310 Cooper Road UNIT ARed 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 310 Cooper Road UNIT A, Red Bank, NJ, 07701 priced at $1,850,000 pairs $6,618/mo rent with after a $9,055/mo payment. Total monthly income equals $6,618/mo. Return on cash invested is 4.22% in year one, and rental yield stands at 4.29% on a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and 5% annual appreciation accumulates to $511,121 by year five. Five-year ROI measures 20.94% and total cumulative return in cash reaches $125,521. For financing, Ziffy Mortgage’s DSCR program evaluates $6,618/mo property income against a $9,055/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1930
13 Acres lot
$N/A/sqft
$1,500 monthly HOA
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Listed by: Bernadette G Barnett • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22416750
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