56 Galewood Dr APT A, Matawan, NJ, 07747 | $215/mo Cash Flow

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56 Galewood Dr APT A, Matawan, NJ, 07747 | $215/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

Investment property for sale in Matawan at 56 Galewood Dr APT A, Matawan, NJ, 07747 listed at $315,000 pairs $2,460/mo rent with a $1,542/mo payment to leave $215/mo cash flow. Total monthly income runs $2,460/mo, and annual cash flow reaches $2,574/yr on $104,423 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 9.37% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 117.3% and total cumulative return in cash totals $122,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,460/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1967

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Cheesequake Village, an active 55+ community offering comfort, convenience, and style! This beautifully remodeled 2-bedroom, 1-bath first-floor end unit perfectly blends modern upgrades with low-maintenance living. Enter to find stunning laminate flooring that flows seamlessly throughout the home. The spacious living room provides the perfect space to relax or entertain, while the gorgeous eat-in kitchen is sure to impress complete with high-end cabinetry, granite countertops, stainless steel appliances, and sliding glass doors leading to a private porch, ideal for morning coffee or evening unwinding. Both bedrooms are generously sized, featuring ample closet space for easy organization.

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