59 Boxwood TerraceRed 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 59 Boxwood Terrace, Red Bank, NJ, 07701 priced at $499,000 pairs $3,728/mo rent with $172/mo cash flow after a $2,442/mo payment. Total monthly income equals $3,728/mo, and annual cash flow comes to $2,059/yr on $165,419 invested. Return on cash invested is 21.15% in year one, and rental yield stands at 8.97% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 110.75% and total cumulative return in cash reaches $183,198. For financing, Ziffy Mortgage’s DSCR program evaluates $3,728/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
1,306 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Bruce S Meltzer • Resources Real Estate
Mls Name: MoreMLS
Mls ID: #22531749








