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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 35 Bennett Rd, Matawan, NJ, 07747 priced at $1,150,000 converts $4,418/mo rent into after a $5,629/mo obligation. Total monthly income equals $4,418/mo. Return on cash invested prints 8.2% in year one, and rental yield reads 4.61% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. Five-year ROI reaches 41.21% and total cumulative return in cash sums $153,537. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,418/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.60 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 |
|---|---|---|
| 2023-12-21 | Listing removed | N/A |
| 2023-07-27 | Listed for sale | $989,000 |
| 2003-02-15 | Sold | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $17336.55 | 4.30% | $313,500 | N/A |
| 2023-04-10 | $16621.77 | 2.34% | $313,500 | N/A |
| 2022-04-10 | $16242.44 | 1.69% | $313,500 | N/A |
Listed by: Nayna Patel • RICHA REALTY INC.
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2511410R
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