351 Buchanan BoulevardRed 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 351 Buchanan Boulevard, Red Bank, NJ, 07701 generates $3,713/mo in rent, after a $5,384/mo payment. Total monthly income is $3,713/mo. Return on cash invested sits at 6.47% in year one, and rental yield is 4.05% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 31.95% and total cumulative return in cash sums $113,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,713/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.42 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Joy A Rothman • Christie's International Real Estate Group
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22528083
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