12 Coventry CtMatawanNJ07747
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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 12 Coventry Ct, Matawan, NJ, 07747 offers $3,176/mo rent that, after a $1,659/mo payment, leaves $760/mo cash flow. Total monthly income is $3,176/mo, and annual cash flow is $9,119/yr on $112,379 cash. Return on cash invested measures 28.02% in year one, and rental yield stands at 11.24% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 147.58% and total cumulative return in cash reaches $165,844. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,176/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A 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: ROBERT MCCOOK • A. D'ARPA REALTY INC.
Mls Name: All Jersey MLS
Mls ID: #2610246R