54 Chestnut Street,Red Bank,NJ,07701

Investment Highlights

Investment property for sale in Red Bank at 54 Chestnut Street, Red Bank, NJ, 07701 listed at $699,000 pairs $4,886/mo rent with a $3,421/mo payment. Total monthly income runs $4,886/mo. Return on cash invested measures 19.56% in year one, and rental yield registers 8.39% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 102.16% and total cumulative return in cash totals $234,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,886/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).