70 Commonwealth AvenueRed 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 70 Commonwealth Avenue, Red Bank, NJ, 07701 priced at $849,900 converts $6,727/mo rent into $669/mo cash flow after a $4,160/mo obligation. Total monthly income equals $6,727/mo, and annual cash flow totals $8,027/yr on $279,617 invested. Return on cash invested prints 22.93% in year one, and rental yield reads 9.5% against a $849,900 entry. Equity gained on principal adds $5,484/yr, while 5% annual appreciation compiles into $234,812 by year five. Five-year ROI reaches 120.24% and total cumulative return in cash sums $336,218. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,727/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1980
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: Christine Morford • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22521631
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