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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 53 Ellen Heath Drive UNIT 53, Matawan, NJ, 07747 priced at $324,900 converts $2,166/mo rent into after a $1,590/mo obligation. Total monthly income equals $2,166/mo. Return on cash invested prints 11.6% in year one, and rental yield reads 8% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 61.95% and total cumulative return in cash sums $66,725. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,166/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Townhouse
Built in 1977
871.20 sqft lot
$N/A/sqft
$596 monthly 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 |
|---|---|---|
| 2025-02-12 | Listed for sale | $324,900 |
| 2025-02-10 | Pending sale | $324,900 |
| 2025-01-30 | Listed for sale | $324,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Attic
Listed by: Robert Dekanski • RE/MAX 1st. Advantage
Mls Name: MOMLS
Mls Provider:
Mls ID: #22502659
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.
