800 Buchanan BoulevardRed BankNJ07701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 800 Buchanan Boulevard, Red Bank, NJ, 07701 offers a 9.16% rental yield on a $1,065,000 purchase with $8,129/mo rent. Total monthly income registers $8,129/mo, and a $5,213/mo payment leaves $538/mo available for distribution. Annual cash flow reaches $6,450/yr on $345,060 to close, and return on cash invested stands at 22.24% in year one. Equity gained on principal adds $6,872/yr while 5% annual appreciation supports $294,240 over five years. Portfolio math shows five-year ROI at 116.5% and total cumulative return in cash at $402,011. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,129/mo property income against a $5,213/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.81 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bernadette Bonner • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22513609
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.