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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 3 Warren Drive, Matawan, NJ, 07747 offers $4,481/mo rent that, after a $3,304/mo payment. Total monthly income is $4,481/mo. Return on cash invested measures 18.27% in year one, and rental yield stands at 7.97% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 95.29% and total cumulative return in cash reaches $211,611. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,481/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.34 Acres 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 |
|---|---|---|
| 2024-10-01 | Price change | $675,000 |
| 2024-09-16 | Price change | $689,900 |
| 2024-08-28 | Listed for sale | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $12543.10 | 1.42% | $586,400 | 16.21% |
| 2022-10-17 | $12367.75 | 0.36% | $504,600 | 10.68% |
| 2021-10-17 | $12322.98 | -1.15% | $455,900 | -1.17% |
What's Special
Pull Down Stairs
Listed by: Barbara Kenas • RE/MAX Central
Mls Name: MOMLS
Mls Provider:
Mls ID: #22424913
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.
