19 Russell 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
Investment property for sale in Matawan at 19 Russell Ct, Matawan, NJ, 07747 uses $175,028 cash to close to unlock $5,326/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $4,236/mo, and a $2,604/mo payment keeps the spread at $444/mo. Purchase price stands at $532,000, and rental yield measures 9.55% with $4,236/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $146,982 over five years. Five-year ROI reaches 121.18% and total cumulative return in cash records $212,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,236/mo property income covering a $2,604/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,655 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
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Listed by: MICHELLE VEGA • RE/MAX FIRST CLASS
Mls Name: All Jersey MLS
Mls ID: #2602615R