194 Ravine DriveMatawanNJ07747
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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 194 Ravine Drive, Matawan, NJ, 07747 with 5% annual appreciation on a $450,000 basis while $3,373/mo rent supports operations. Total monthly income totals $3,373/mo and a $2,203/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,980/yr on $149,175 deployed, and return on cash invested reaches 21.24% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 8.99%. Five-year ROI measures 111.18% and total cumulative return in cash totals $165,858.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,373/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
8,037 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: Susan Grace Mcgowan • Hometown Residential Realty LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510816
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.