78 W Front Street UNIT ARed 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 78 W Front Street UNIT A, Red Bank, NJ, 07701 offers $7,591/mo rent that, after a $8,810/mo payment. Total monthly income is $7,591/mo. Return on cash invested measures 6.98% in year one, and rental yield stands at 5.06% at a $1,800,000 entry. Equity gained on principal adds $11,615/yr while 5% annual appreciation compounds into $497,307 by year five. Five-year ROI records 35.64% and total cumulative return in cash reaches $207,851. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,591/mo property income versus a $8,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
3,484 sqft lot
$N/A/sqft
$3,800 quarterly HOA
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Nearby investment properties with comparable prices
Listed by: Ellen Gazzola • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22421078
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