12 Lisa CtMatawanNJ07747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lisa Ct, Matawan, NJ, 07747 priced at $449,000 pairs $3,422/mo rent with $221/mo cash flow after a $2,198/mo payment. Total monthly income equals $3,422/mo, and annual cash flow comes to $2,655/yr on $148,844 invested. Return on cash invested is 21.69% in year one, and rental yield stands at 9.15% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 113.66% and total cumulative return in cash reaches $169,180. For financing, Ziffy Mortgage’s DSCR program evaluates $3,422/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
2,600 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: APRYL R. CUILLA • RE/MAX INNOVATION
Mls Name: All Jersey MLS
Mls ID: #2602841R