56 Bank StreetRed 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
Investment property for sale in Red Bank at 56 Bank Street, Red Bank, NJ, 07701 at $579,000 posts ROI 21.92% with $295/mo cash flow from $4,422/mo rent. Total monthly income equals $4,422/mo, and annual cash flow records $3,539/yr on $190,491 to close. Return on cash invested measures 21.92% and rental yield reads 9.16% at the current $579,000. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 by year five. Five-year ROI prints 114.82% and total cumulative return in cash totals $218,719.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,422/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: Sharon Zaccardo • Brenda McIntyre Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22521071
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.