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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Matawan at 1 Oklahoma Dr APT C, Matawan, NJ, 07747 offers $2,782/mo rent that, after a $1,321/mo payment, leaves $858/mo cash flow. Total monthly income is $2,782/mo, and annual cash flow is $10,299/yr on $89,472 cash. Return on cash invested measures 31.42% in year one, and rental yield stands at 12.37% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 165.82% and total cumulative return in cash reaches $148,362. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,782/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07747, Matawan, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,737 (100%) |
| Owner Occupied HU | 9,795 (71.3%) |
| Renter Occupied HU | 3,533 (25.7%) |
| Vacant Housing Units | 409 ( 3.0%) |
| Median Home Value | $546,490 |
| Average Home Value | $567,201 |
Residential
13,015
Single Family
11,555
Multi-Family
1,460
Businesses
1,077
Date | Event | Price |
|---|---|---|
| 2024-03-01 | Listed for sale | $269,900 |
| 2017-06-10 | Listing removed | $1,200 |
| 2017-05-22 | Listed for rent | $1,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rupinder Sodhi • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2408774R
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