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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 Howell at 13 Laurel Crest Drive, Howell, NJ, 07731 listed at $599,999 pairs $4,854/mo rent with a $2,937/mo payment to leave $577/mo cash flow. Total monthly income runs $4,854/mo, and annual cash flow reaches $6,924/yr on $197,400 cash to close. Return on cash invested measures 23.57% in year one, and rental yield registers 9.71% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 123.67% and total cumulative return in cash totals $244,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,854/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
7,840 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 |
|---|---|---|
| 2013-07-17 | Sold | $321,000 |
| 2013-04-27 | Listed for sale | $329,000 |
| 2005-05-26 | Sold | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $8320.59 | 0.69% | $486,300 | 9.40% |
| 2023-05-29 | $8263.26 | -6.93% | $444,500 | 4.54% |
| 2022-05-29 | $8878.18 | 9.43% | $425,200 | 19.91% |
Listed by: Victoria Prodeline • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515589
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.
