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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 42 Edgemere Drive, Matawan, NJ, 07747 priced at $819,900 pairs $4,316/mo rent with after a $4,013/mo payment. Total monthly income equals $4,316/mo. Return on cash invested is 13.26% in year one, and rental yield stands at 6.32% on a $819,900 basis. Equity gained on principal adds $5,291/yr, and 5% annual appreciation accumulates to $226,523 by year five. Five-year ROI measures 68.4% and total cumulative return in cash reaches $184,503. For financing, Ziffy Mortgage’s DSCR program evaluates $4,316/mo property income against a $4,013/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
0.33 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 |
|---|---|---|
| 2017-01-12 | Sold | $485,000 |
| 2016-12-23 | Pending sale | $499,900 |
| 2016-12-20 | Listed for sale | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-29 | $14296.47 | 2.45% | $654,900 | 2.03% |
| 2023-08-29 | $13954.91 | 6.82% | $641,900 | 22.64% |
| 2022-08-29 | $13064.06 | 0.32% | $523,400 | 9.20% |
What's Special
Attic
Listed by: Donna Bruno • EXP Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22525944
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.
