33 Washington Street,Red Bank,NJ,07701

Investment Highlights

Rental property for sale in Red Bank at 33 Washington Street, Red Bank, NJ, 07701 offers $3,433/mo rent that, after a $3,916/mo payment. Total monthly income is $3,433/mo. Return on cash invested measures 9.71% in year one, and rental yield stands at 5.15% at a $800,000 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 49.38% and total cumulative return in cash reaches $129,956. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,433/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.