149 Idlewild Lane, Matawan, NJ, 07747 | 8.5% Rental Yield

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149 Idlewild Lane, Matawan, NJ, 07747 | 8.5% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Matawan at 149 Idlewild Lane, Matawan, NJ, 07747 priced at $669,000 pairs $4,741/mo rent with after a $3,274/mo payment. Total monthly income equals $4,741/mo. Return on cash invested is 19.91% in year one, and rental yield stands at 8.5% on a $669,000 basis. Equity gained on principal adds $4,317/yr, and 5% annual appreciation accumulates to $184,832 by year five. Five-year ROI measures 104.06% and total cumulative return in cash reaches $229,035. For financing, Ziffy Mortgage’s DSCR program evaluates $4,741/mo property income against a $3,274/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1961

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

**Coming Soon - Showings begin Thursday 7/17** Welcome to this beautifully expanded ranch offering the perfect blend of space, comfort, and outdoor enjoyment! Enter this home along side a paver-trimmed expanded driveway, surrounded by a beautiful landscape. Step into a cozy 3-season room, perfect for coffee and cocktails. You'll love the oversized living room and extended family room, which boasts plenty of natural light and a beautiful view of the backyard oasis. The bonus room is conveniently located off of the family room, creating private space ideal for a home office, workout area or playroom. The primary bedroom features its own private full bath for a true retreat, while two additional bedrooms and a second full bath provide plenty of room for family or guests.... The EIK boasts a newer refrigerator and BRAND NEW range and microwave. Step outside through Pella sliders into your picturesque backyard with immaculate landscaping, a paver patio for entertaining and a sparkling above-ground pool to enjoy all summer long. This home is conveniently located near shopping, restaurants, and major roadways for an easy commute to NYC. Whether you are downsizing or looking for the first place to call home, this is a must see!

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