87 Poricy LaneRed 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 87 Poricy Lane, Red Bank, NJ, 07701 generates $4,511/mo in rent, after a $3,377/mo payment. Total monthly income is $4,511/mo. Return on cash invested sits at 17.91% in year one, and rental yield is 7.85% on a $689,900 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 93.33% and total cumulative return in cash sums $211,849. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,511/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Neil Mendelsohn • Weichert Realtors-Holmdel
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510414
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