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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% |
Investment property for sale in Matawan at 76 Letts Ct #167, Matawan, NJ, 07747 listed at $389,900 pairs $3,120/mo rent with a $1,908/mo payment to leave $341/mo cash flow. Total monthly income runs $3,120/mo, and annual cash flow reaches $4,095/yr on $129,252 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 9.6% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 121.08% and total cumulative return in cash totals $156,493. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
1,102 sqft 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 |
|---|---|---|
| 2025-09-16 | Listed for sale | $389,900 |
| 2025-09-13 | Listing removed | $399,000 |
| 2025-07-07 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: VIVIANA MEJIA • KELLER WILLIAMS EAST MONMOUTH
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2660486M
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