81 Letts CtMatawanNJ07747
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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
Investment property for sale in Matawan at 81 Letts Ct, Matawan, NJ, 07747 earns $813/mo cash flow from $3,950/mo rent with a $2,154/mo payment. Total monthly income totals $3,950/mo, and annual cash flow totals $9,760/yr on $145,860 capital. ROI tracks 26.6% on current figures, and rental yield reads 10.77% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 139.97% and total cumulative return in cash sums $204,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,950/mo property income instead of your personal income.
Townhouse
Built in 1983
N/A 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: ROSEMARIE A. ANDERSON • MATCH REALTY
Mls Name: All Jersey MLS
Mls ID: #2604427R