66 Spring Hill RdMatawanNJ07747
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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
Investment Highlights
Rental property for sale in Matawan at 66 Spring Hill Rd, Matawan, NJ, 07747 priced at $649,000 pairs $4,712/mo rent with $86/mo cash flow after a $3,177/mo payment. Total monthly income equals $4,712/mo, and annual cash flow comes to $1,027/yr on $213,521 invested. Return on cash invested is 20.54% in year one, and rental yield stands at 8.71% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 107.44% and total cumulative return in cash reaches $229,416. For financing, Ziffy Mortgage’s DSCR program evaluates $4,712/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.76 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,015
Single Family
11,555
Multi-Family
1,460
Businesses
1,077
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Listed by: MELINA BRADLEY • KELLER WILLIAMS WEST MONMOUTH
Mls Name: All Jersey MLS
Mls ID: #2515955R