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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 9 Maine Ct, Matawan, NJ, 07747 uses $85,859 cash to close to unlock $8,383/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $2,545/mo, and a $1,268/mo payment keeps the spread at $699/mo. Purchase price stands at $259,000, and rental yield measures 11.79% with $2,545/mo rent. Return on cash invested shows 29.67% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 156.44% and total cumulative return in cash records $134,320. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,545/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Condo
Built in 2017
862 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Steven Bonavita • RE/MAX INNOVATION
Mls Name: All Jersey MLS
Mls ID: #2600348R
