39 W Aspen Way, Matawan, NJ, 07747 | $636/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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39 W Aspen Way, Matawan, NJ, 07747 | $636/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Matawan at 39 W Aspen Way, Matawan, NJ, 07747 priced at $499,900 converts $4,199/mo rent into $636/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,199/mo, and annual cash flow totals $7,627/yr on $165,717 invested. Return on cash invested prints 24.51% in year one, and rental yield reads 10.08% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 128.76% and total cumulative return in cash sums $213,372. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,199/mo property income covering a $2,447/mo payment, not borrower’s personal income.

Condo

Built in 2003

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

The perfect combination of style and location in this stone and stucco 3 level townhome with private elevator in desirable Aspen Woods. Located near both Matawan & Hazlet train stations, restaurants & shopping, this spacious tri-level home offers 2 bedrooms & 2 full and 2 half baths, with a garage for your convenience. The main floor features hardwood floors, a gas marble fireplace, and walkout large deck overlooking a serene wooded area. The eat-in kitchen is a delight with upgraded 42-inch cabinets, Corian counters, and a center island. The first level, complete with new carpeting, provides a walkout to a large patio backing the woods. Retreat to the upper level, where the master suite boasts cathedral ceilings, a large closet, and a master bath with a jetted tub. Additional features include 2 zone heat & air, recessed lighting throughout an oak staircase, ceiling fan on lower level & 4 new toilets. Don't miss the opportunity to own this exceptional home

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