88 Tower Hill Drive, Red Bank, NJ, 07701 | $465/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Red Bank at 88 Tower Hill Drive, Red Bank, NJ, 07701 generates $4,949/mo in rent and, after a $3,079/mo payment, leaves $465/mo in cash flow. Total monthly income is $4,949/mo, and annual cash flow is $5,583/yr on $206,941 invested. Return on cash invested sits at 22.76% in year one, and rental yield is 9.44% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 119.34% and total cumulative return in cash sums $246,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,949/mo property income rather than buyer’s personal income.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA