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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 39 Broad Street, Matawan, NJ, 07747 offers $4,673/mo rent that, after a $3,108/mo payment, leaves $147/mo cash flow. Total monthly income is $4,673/mo, and annual cash flow is $1,762/yr on $208,915 cash. Return on cash invested measures 20.9% in year one, and rental yield stands at 8.83% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 109.38% and total cumulative return in cash reaches $228,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,673/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1908
0.84 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 |
|---|---|---|
| 2025-02-08 | Listed for sale | $635,000 |
| 2021-11-10 | Sold | $260,000 |
| 2020-07-29 | Listing removed | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-19 | $12340.50 | -9.41% | $565,300 | -9.78% |
| 2023-02-19 | $13622.28 | 2.22% | $626,600 | 17.36% |
| 2022-02-19 | $13326.14 | -2.08% | $533,900 | 6.59% |
What's Special
Walk-up
Listed by: Fei Yen • Keller Williams Realty West Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22503563
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.
