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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% |
Rental property for sale in Howell at 1 Mimi Ln, Howell, NJ, 07731 priced at $530,100 converts $3,872/mo rent into $93/mo cash flow after a $2,595/mo obligation. Total monthly income equals $3,872/mo, and annual cash flow totals $1,117/yr on $174,403 invested. Return on cash invested prints 20.7% in year one, and rental yield reads 8.77% against a $530,100 entry. Equity gained on principal adds $3,421/yr, while 5% annual appreciation compiles into $146,457 by year five. Five-year ROI reaches 108.32% and total cumulative return in cash sums $188,918. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,872/mo property income covering a $2,595/mo payment, not borrower’s personal income.
Single Family
Built in 1985
7,601 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07731, Howell, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,813 (100%) |
| Owner Occupied HU | 11,773 (85.2%) |
| Renter Occupied HU | 1,630 (11.8%) |
| Vacant Housing Units | 410 ( 3.0%) |
| Median Home Value | $526,294 |
| Average Home Value | $579,372 |
Residential
13,672
Single Family
13,462
Multi-Family
210
Businesses
875
Date | Event | Price |
|---|---|---|
| 2025-10-18 | Listing removed | N/A |
| 2025-09-13 | Price change | $595,000 |
| 2025-07-19 | Listed for sale | $599,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $9070.01 | -0.80% | $530,100 | 7.90% |
| 2023-10-22 | $9143.09 | 15.30% | $491,300 | 29.80% |
| 2022-10-22 | $7929.58 | 0.02% | $378,500 | 9.61% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
