145 Wilcox Court UNIT 79MatawanNJ07747
INVESTMENT ANALYSIS
Investment Verdict
Solid Income145 Wilcox Court UNIT 79, Matawan, NJ, 07747 in Matawan carries a 1.61 coverage ratio, rent of $3,361/mo is 1.61 times the $2,091/mo payment. Rental yield 8.67%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $465,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $128,471; total projected cumulative return: $157,710.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $(345) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,361 |
| Total Monthly Debt Service | $3,521 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
1,306 sqft lot
$N/A/sqft
$392 monthly 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
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
Condo
Built in 1983
1,306 sqft lot
$N/A/sqft
$392 monthly 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