9 Hawaii Court UNIT 972MatawanNJ07747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9 Hawaii Court UNIT 972, Matawan, NJ, 07747 generates $2,091/mo in rent, after a $1,316/mo payment. Total monthly income is $2,091/mo. Return on cash invested sits at 19.63% in year one, and rental yield is 9.33% on a $268,900 entry. Equity gained on principal adds $1,735/yr, while 5% annual appreciation builds toward $74,292 over five years. Five-year ROI reaches 103.55% and total cumulative return in cash sums $92,308. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,091/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
435.60 sqft lot
$N/A/sqft
$195 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glen Kelly • Glen Kelly Real Estate LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22506960
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.