140 Locust AvenueHowellNJ07731
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
Investment property for sale in Howell at 140 Locust Avenue, Howell, NJ, 07731 earns from $4,697/mo rent with a $5,873/mo payment. Total monthly income totals $4,697/mo. ROI tracks 8.47% on current figures, and rental yield reads 4.7% at a $1,199,999 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 42.65% and total cumulative return in cash sums $165,827. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,697/mo property income instead of your personal income.
Single Family
Built in 2025
4.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07731, Howell, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
13,462
Multi-Family
210
Businesses
875
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Nearby investment properties with comparable prices
Listed by: Reynaldo Castaneda • Weichert Realtors-Manalapan
Mls Name: MOMLS
Mls ID: #22523590