2 Cliffwood AvenueMatawanNJ07747
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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
Rental property for sale in Matawan at 2 Cliffwood Avenue, Matawan, NJ, 07747 priced at $1,450,000 converts $3,536/mo rent into after a $7,097/mo obligation. Total monthly income equals $3,536/mo. Return on cash invested prints 3% in year one, and rental yield reads 2.93% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 13.34% and total cumulative return in cash sums $62,685. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,536/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 1915
1.75 Acres 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: Gregory Papalcure • Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Mls Name: MoreMLS
Mls ID: #22537504