103 Idlewild LaneMatawanNJ07747
Nearby investment properties with comparable rents
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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 Matawan at 103 Idlewild Lane, Matawan, NJ, 07747 offers $5,057/mo rent that, after a $3,769/mo payment. Total monthly income is $5,057/mo. Return on cash invested measures 18.02% in year one, and rental yield stands at 7.88% at a $770,000 entry. Equity gained on principal adds $4,969/yr while 5% annual appreciation compounds into $212,737 by year five. Five-year ROI records 93.9% and total cumulative return in cash reaches $237,885. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,057/mo property income versus a $3,769/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07747, Matawan, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,015
Single Family
11,555
Multi-Family
1,460
Businesses
1,077
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Listed by: Alicia Hynes • Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22516994
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.