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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Matawan at 2 8th Street, Matawan, NJ, 07747 priced at $589,000 pairs $4,765/mo rent with $567/mo cash flow after a $2,883/mo payment. Total monthly income equals $4,765/mo, and annual cash flow comes to $6,799/yr on $193,781 invested. Return on cash invested is 23.57% in year one, and rental yield stands at 9.71% on a $589,000 basis. Equity gained on principal adds $3,801/yr, and 5% annual appreciation accumulates to $162,730 by year five. Five-year ROI measures 123.68% and total cumulative return in cash reaches $239,666. For financing, Ziffy Mortgage’s DSCR program evaluates $4,765/mo property income against a $2,883/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07747, Matawan, NJ area.
| 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 |
Residential
13,015
Single Family
11,555
Multi-Family
1,460
Businesses
1,077
Date | Event | Price |
|---|---|---|
| 2024-02-28 | Sold | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-10 | $8330.46 | -9.74% | $441,700 | 2.36% |
| 2023-06-10 | $9229.80 | 18.98% | $431,500 | 36.33% |
| 2022-06-10 | $7757.42 | 3.42% | $316,500 | 14.05% |
Listed by: Donna Bruno • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22516913
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.
