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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 208 Broad St, Matawan, NJ, 07747 priced at $799,999 pairs $5,393/mo rent with after a $3,916/mo payment. Total monthly income equals $5,393/mo. Return on cash invested is 18.65% in year one, and rental yield stands at 8.09% on a $799,999 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $221,025 by year five. Five-year ROI measures 97.3% and total cumulative return in cash reaches $256,087. For financing, Ziffy Mortgage’s DSCR program evaluates $5,393/mo property income against a $3,916/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
6,599 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 |
|---|---|---|
| 2024-11-02 | Listed for sale | $799,999 |
| 2024-09-27 | Listing removed | $799,999 |
| 2024-09-26 | Listed for sale | $799,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $13477.84 | 2.49% | $617,400 | 2.07% |
| 2023-01-28 | $13150.53 | 1.57% | $604,900 | 16.62% |
| 2022-01-28 | $12946.75 | 3.50% | $518,700 | 12.66% |
Listed by: Caasi L. Cofer • KELLER WILLIAMS CITY VIEWS RLT
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2506611R
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