259 Matawan Avenue #2MatawanNJ07747
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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 259 Matawan Avenue #2, Matawan, NJ, 07747 listed at $899,000 pairs $2,962/mo rent with a $4,400/mo payment. Total monthly income runs $2,962/mo. Return on cash invested measures 6.08% in year one, and rental yield registers 3.95% at a $899,000 basis. Equity gained on principal adds $5,801/yr, and annual property appreciation at 5% supports $248,377 by year five. Five-year ROI tracks 29.9% and total cumulative return in cash totals $88,438. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,962/mo property income relative to a $4,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1950
7,405 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: Kyle Golden • C21 Thomson & Co.
Mls Name: MoreMLS
Mls ID: #22602987